Vertcoin

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Sharechain

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Nimiq

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Vertcoin

by Vertcoin

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Sharechain

by Sharechain

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Nimiq

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What problem does this service solve?

Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm.Sharechain does not appear to provide any significant benefits.Nimiq's goal is to provide an easy to use censorship resistant payment network.

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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.

Sharechain is developing a Proof-of-Work cryptocurrency platform. Their network is currently fueled by the Ethereum-based SSS token. Their marketing materials are unclear and do not offer any information about its advantages.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

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