Blockstream vs EvenCoin vs Bytecent
What problem does this service solve?
Blockstream is an influential blockchain technology company that is one of the largest contributors to the Bitcoin Core. It offers software and hardware solutions, as well as professional services. | EvenCoin's smart contract platform operates in parallel to Ethereum and does not require any hardware to operate its network. | Bytecent allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent. |
Token Stats
Not Relevant |
Company Description
Blockstream is a private, for profit, blockchain technology company, that has played a key role in helping to develop, and fund, many of the key features of the Bitcoin Core platform. Blockstream is focused on developing bitcoin applications and has raised significant funding from several large investment funds. The company also employs several developers that are very influential within the Bitcoin Core development project. This, as well as being of Bitcoin's largest donors, has led to some criticism about conflicts of interest. | EvenCoin is a self-mining smart contract platform that is built on the Ethereum blockchain. EvenCoin is mined in parallel to even numbers of Ethereum blocks. The team behind EvenCoin are developing several decentralized projects that will use the self-mining protocol, including an exchange and a travel booking platform. | Bytecent is developing a decentralized rewards network powered by blockchain. Bytecent allows merchants to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them anywhere Bytecent is accepted. In addition to secure transactions and portability, Bytecent never expire and there are no limitations on how many Bytecent you can accumulate or spend. BYC can be converted to Bitcoin, cash, and gift cards. Bytecent uses a variation of Proof-of-Work (PoW) for consensus that requires miners to manually attend to their computers and is called Proof-of-Miner (PoM). It's designed to prevent the use of advanced and autonomous mining hardware. Avanquest Software, a leading developer of consumer software, has implemented Bytecent for their rewards program. |