Namecoin vs Penta vs Davinci Coin
What problem does this service solve?
Namecoin is used to register domain names and record domain information on the blockchain. | Penta does not appear to solve any problems better than existing blockchain platforms. | Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea. |
Token Stats
Company Description
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, | Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token. | 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. |