Davinci Coin vs Universa vs Skycoin
What problem does this service solve?
Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea. | Universa aims to enable faster transactions and smart contracts that can be executed offline. | Skycoin aims to decentralize the internet and provide a platform to build DApps. |
Token Stats
Company Description
Davinci Coin is an Ethereum-based token that powers the Davinci Project's ecosystem. Their goal is to strengthen private sector cooperation between China and South Korea. | Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token. | Skycoin began as an ambitious infrastructure project aimed at replacing the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms that dominate current blockchain platforms. It has since evolved into a project focused on creating a decentralized mesh-Internet and a platform for other blockchain-based projects. Skycoin is developing an ecosystem with a variety of goals, including: the elimination of mining rewards, development of energy-efficient custom hardware, advancing security and privacy, and achieving transaction speeds that rival current digital payment systems. The ecosystem consists of the native SKY coin, Skywire (decentralized mesh-Internet), Skyminer (hardware and access point for Skywire), Skyledger (decentralized open blockchain network), and a suite of DApps. The consensus algorithm is called Obelisk. The network's nodes agree based on a Web-of-Trust consensus. The ability to influence transaction verification is distributed over the network creating a web of trust. To eliminate mining completely each node on the network connects to a list of nodes that it sees as trustworthy. |