Namecoin vs Universa vs Credits
What problem does this service solve?
Namecoin is used to register domain names and record domain information on the blockchain. | Universa aims to enable faster transactions and smart contracts that can be executed offline. | Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes. |
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, | 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. | 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. |