Vertcoin vs Feathercoin vs PLATINCOIN
What problem does this service solve?
Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm. | Feathercoin's goal is to allow users to make P2P payments that are settled and confirmed quickly. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. |
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. | Feathercoin is a PoW coin with a fast block processing time. The project was developed with the goal of creating a user friendly coin with fast transaction times and low fees. The Feathercoin network features Automatic Checkpointing (ACP), which is used to prevent 51% attacks. ACP creates a new checkpoint every 5 blocks, protecting the history of the Feathercoin blockchain. | PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins. |