IOST vs Namecoin vs ThunderCore
What problem does this service solve?
The Internet of Services Token is focused on improving overall blockchain speed and performance. | Namecoin is used to register domain names and record domain information on the blockchain. | ThunderCore's goal is to allow developers to create fast and scalable DApps that are compatible with Ethereum. |
Token Stats
Company Description
IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior. | 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, | ThunderCore is a Proof of Stake blockchain that is powered by the native Thunder Token. ThunderCore is compatible with Ethereum and is designed to have fast confirmation times. Transactions are verified by consensus nodes that complete a round of voting to confirm transactions in under one second. The network's compatibility with Ethereum is intended to allow developers to easily migrate DApps to the platform. |