Crypto Comparisons Archive

Bytecoin vs Monero — A Comprehensive Break-Down

Why Privacy? In the Bitcoin whitepaper, anonymous author Satoshi Nakamoto outlined the protocol for the World’s first cryptocurrency. He only briefly addressed the privacy issue of publishing all transactions (and consequently all account balances) on a public blockchain, proposing that all users create a new Bitcoin address for every transaction. However, Nakamoto’s proposal was impractical and only solved part of the privacy issue. There was …

Bitcoin vs Zcash — The Differences Made Easy

The Need for Privacy Cryptocurrencies provide payment and wealth storage methods independent of centralised actors. Blockchain technology is revolutionary because networks founded on its theory are both decentralized and tamper-proof. Combined with a protocol such as proof of work, a cryptocurrency is formed. Proof of work requires computers to solve complex problems in return for the chance to choose the transactions in the next block. In …

Ripple vs Cardano — Major Differences for Investors

Blockchains may have been conceived in the nineties, but it is only now that we are beginning to see potential applications. Progress in data storage, internet bandwidth and device connectivity opens possibility for online decentralized networks run on trust-less, transparent and verifiable blockchains. Ripple and Cardano are at the forefront of experimental industry decentralised applications (dApps), building their projects around the commercial demand for rigorous, …

Ethereum vs Lisk: Explained for Investors

Building a Smart Economy Blockchain technology could revolutionize power and control. From music rights to inter-bank transactions, the latest tech entrepreneurs have been trying to bring the blockchain’s benefits to industry applications. Building a blockchain from scratch is expensive and technically difficult, so Lisk and Ethereum provide developers with templates and existing infrastructure to kick-start their ideas. If our future truly is decentralized, then these …

NEO vs Ethereum — A Complete Guide

Two Ideas for a Digital Future Blockchains can be applied to thousands of industries. Believers in the new blockchain-powered smart economy believe that financial, logistical and energy industries will be changed forever by implementing the blockchain. Smart contracts and decentralized networks could make energy a publicly owned service, remove trust from messaging applications and provide the foundation for a new era in cloud computing. This …

Zcash vs Monero

Privacy coins explained The goal of cryptocurrencies is to create a currency in which nobody has the power to create funds or can control all the funds. Supporting this notion is the blockchain technology, which allows a decentralised trading process to take place digitally by swapping cryptocurrency tokens. However, an inherent issue in the goal of decentralising the monetary system is that it typically results …