Credits vs Namecoin vs Ignis
What problem does this service solve?
Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes. | Namecoin is used to register domain names and record domain information on the blockchain. | Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear. |
Token Stats
Company Description
Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees. | Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism, | Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture. |