Vertcoin vs Bitcoin Gold vs Paypex
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. | Not provided by vendor |
Token Stats
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. | Paypex is an Ethereum-based token and payment network. The token is traded on a limited number of exchanges. The company's marketing materials do not describe the technical advantages of the token, or the benefits that their technology has. |