Verge vs Bytecoin vs Loki
What problem does this service solve?
Verge is an untraceable crytpocurrency focused on everyday use. | Bytecoin is a decentralized blockchain platform whose primary focus is privacy. | Loki will allow users to transact and communicate privately, and anonymously, over the internet. |
Token Stats
Company Description
Verge is a privacy focused cryptocurrency. It was formerly known as DogeCoinDark and was rebranded to Verge Currency in 2016. Verge uses multiple anonymity-centric networks such as TOR and I2P. The IP addresses of the users are fully obfuscated and transactions are completely untraceable. | Bytecoin is a privacy focused blockchain that aims to be completely anonymous. It is the first digital currency based on CryptoNote technology and uses ring signatures. Bytecoin utilizes one-time addresses and multi-signatures to enhance security. Bytecoin has high transaction speeds and users are in complete control their personal information. Any identifiable details can only be seen if you allow it. Bytecoin, and CryptoNote, have led to several popular forks. Monero and Dash are both Bytecoin forks. The CryptoNote Proof-of-Work (PoW) algorithm was designed to provide ASIC resistance and enables anyone with a personal computer to mine it. | 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. |