Vertcoin vs Bitcoin Gold vs Bitcoin Cash
What problem does this service solve?
Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm. | Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin protocol. | Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain on August 1st, 2017. Anyone who had bitcoin at that time became the owner of the same number of Bitcoin Cash. |
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Company Description
Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm. | Bitcoin Gold (BTG) is a cryptocurrency that began in 2017 as a hard fork of the Bitcoin blockchain. BTG was created to reduce the monopolizing power of dedicated ASIC mining operations within the original Bitcoin network. Bitcoin Gold mining can be done by anyone with a standard computer and provides greater decentralization to the system. The hard fork that created BTG was meant to combat the disproportionate influence and competitive advantage of professional miners. | Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the original Bitcoin blockchain that took place in 2017. Due to the open source nature of the Bitcoin protocol, and the lack of a central governing body to resolve disputes, the Bitcoin community became extremely divided about what to do about rising fees and slow transaction times. As the platform's transaction volume increased, and the associated fees to confirm them also increased dramatically, many people began advocating for a larger block size. |