What problem does this service solve?

Viacoin's fast transaction times enable users to send micropayments for a variety of purposes.BlackCoin does not appear to provide any unique advantages compared to other digital currencies.

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Company Description

Viacoin is an open source cryptocurrency based on the Bitcoin protocol. Viacoin has a 24 second block time and relatively fast transaction times. It can handle 175 transactions per second without scaling through Segwit or the Lightning Network. The fast transaction times make Viacoin a good option for sending micropayments. The platform also enables users to perform cross-chain atomic swaps between different cryptocurrencies, without a centralized exchange. Viacoin has an Auxiliary Proof-of-Work (AuxPoW) consensus mechanism that allows miners to mine multiple coins, that use the Scrypt algorithms, at the same time. Viacoin's smart contract platform, Rootstock, is compatible with Ethereum smart contracts.

BlackCoin is a Proof-of-Stake (PoS) cryptocurrency created in 2014. Users are rewarded for staking their coins to secure the network. BlackCoin's staking rewards vary between 1% to 8% per year.

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