ZCoin vs Groestlcoin vs Sphere
What problem does this service solve?
ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity. | Groestlcoin is a highly adaptable cryptocurrency with fast transaction times and minimal fees. | Sphere's goal is to create a digital currency with a fair distribution model. |
Token Stats
Company Description
ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed. | Groestlcoin is a blockchain payment protocol with a number of technical innovations and an active developer community. Groestlcoin was the first coin that activated SegWit and supports the Lightning Network. Transaction fees are very low and it claims to have instant payments. It is also one of the only coins that can be sent over SMS. | Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform. |