Monero vs Grin Coin vs Loki
What problem does this service solve?
Monero is a blockchain with a strong focus on privacy. It uses an obfuscated decentralized ledger to hide information about transactions. Making it completely anonymous. | Grin's goal is to use the MimbleWimble protocol and the properties of Elliptic Curve Cryptography (ECC) to enable anonymous transactions. | Loki will allow users to transact and communicate privately, and anonymously, over the internet. |
Token Stats
Company Description
Monero is a decentralized public ledger protocol whose focus is on increased privacy. It was created in 2014, with the goal of establishing a privacy focused blockchain that would allow users to send and receive transactions anonymously, and not pseudo-anonymously, like Bitcoin. . | Grin Coin is a community driven blockchain project that aims to create a lightweight mimblewimble blockchain that will enable anonymous transactions. Grin has a Proof-of-Work consensus mechanism. Transactions are executed while hiding addresses and amounts. | Loki is developing a privacy-focused blockchain that will enable private transactions and decentralized communication. The Loki blockchain will be complemented by Lokinet and SNApps. Lokinet will use onion routing to allow users to access the internet privately without revealing their IP address. SNApps are web applications that will be located inside the Lokinet, and will be resistant to censorship. The Loki network is powered by the LOKI coin. It has a Proof-of-Work (PoW) consensus mechanism. Service nodes, on the network, are paid to process transactions and route the network's traffic and messages. |