Vertcoin vs PLATINCOIN vs NavCoin
What problem does this service solve?
Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. | NavaCoin aims to create a digital currency that will be private, cheap, eco-friendly, and fast. |
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. | 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. | NavCoin is a community-driven digital currency built on an open-source,Proof-of-Stake (PoS) blockchain. The project has an active development community, and places a strong emphasis on their user governance. NavCoin is developing a feature for its PoS consensus mechanism that will allow for cold staking. Users will be able to stake their coins while keeping them offline. |