Unobtanium vs Flash Coin vs Digix
What problem does this service solve?
Unobtanium is designed to be a commodity coin that will be a long term store of value. | Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use. | Digix wants to create a digital token will less price volatility. By tokenizing gold on the Ethereum blockchain, they hope to create a digital asset with stable value. |
Token Stats
Company Description
Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin. | Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain. | Digix is digital gold on the blockchain. By combining the historical stability of a valuable physical asset with the advantages of a distributed ledger, Digix allows users to benefit from the advantages of both commodities and digital tokens. |