RSK vs Namecoin vs Phore
What problem does this service solve?
RSK aims to improve the functionality and scale of the Bitcoin network. | Namecoin is used to register domain names and record domain information on the blockchain. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
Token Stats
Company Description
RSK is an open source smart contract platform that is secured by the Bitcoin network. RSK is designed to add value and increase the functionality of the Bitcoin ecosystem by providing smart contracts that are compatible with the network's code and can be written in Solidity. RSK smart contracts are powered by the SmartBitcoin (RBTC) which is linked to Bitcoin. (1 RBTC=1 BTC) | 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, | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |