Ethereum (ETH) vs Nectar (NEC) Comparison

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Company

User rating

5 / 5 3 user review 2 / 5 1 user reviews

Cryptogeek rating

4.6 / 5 0 / 5

Trust Score

How it works
4.82 / 5 1.85 / 5

About

Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
Nectar was originally launched in 2017 by the Bitfinex spin-off exchange, Ethfinex — a team based out of London, UK — with the purpose of rewarding market makers for the value they create whilst simultaneously serving as the primary voting mechanism, allowing traders to govern the exchange and decide, among other things, which tokens they wish to see listed next. The project was designed to experiment with and develop novel governance processes with the aim of solving pain points seen with centralized exchanges including opaque and costly token listing procedures.

Type

coin No data

Founding Date

2015 2017

Country

Canada No data

Languages

No data No data

Team

Public No data

Protocol

Public blockchain No data

Current price (USD)

3062.5372 No data

All-time high (USD)

1432.8800 No data

Price change (24h)

-3.80 No data

Volume (24h)

3443845275.79490 No data

Hashrate

190120 No data

Max Supply

No data No data

Total supply

No data No data

Circulating Supply

120418078.39244 No data

Transaction speed / Block time

15 No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Ethash No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

111766505.06150 No data

Is trading

yes No data

Block reward

2.000000000000 No data

Block time

15 No data
Company
User rating User rating 5 / 5 3 user review User rating 2 / 5 1 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 4.82 / 5 Trust Score 1.85 / 5
About
Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
Nectar was originally launched in 2017 by the Bitfinex spin-off exchange, Ethfinex — a team based out of London, UK — with the purpose of rewarding market makers for the value they create whilst simultaneously serving as the primary voting mechanism, allowing traders to govern the exchange and decide, among other things, which tokens they wish to see listed next. The project was designed to experiment with and develop novel governance processes with the aim of solving pain points seen with centralized exchanges including opaque and costly token listing procedures.
Type Type coin Type No data
Founding Date Founding Date 2015 Founding Date 2017
Country Country Canada Country No data
Languages Languages No data Languages No data
Team Team Public Team No data
Protocol Protocol Public blockchain Protocol No data
Current price (USD) Current price (USD) 3062.5372 Current price (USD) No data
All-time high (USD) All-time high (USD) 1432.8800 All-time high (USD) No data
Price change (24h) Price change (24h) -3.80 Price change (24h) No data
Volume (24h) Volume (24h) 3443845275.79490 Volume (24h) No data
Hashrate Hashrate 190120 Hashrate No data
Max Supply Max Supply No data Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 120418078.39244 Circulating Supply No data
Transaction speed / Block time Transaction speed / Block time 15 Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability high Mining profitability No data
Algorithm Algorithm Ethash Algorithm No data
Proof type Proof type PoW Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 111766505.06150 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 2.000000000000 Block reward No data
Block time Block time 15 Block time No data

Social

Website

www.ethereum.org nectar.community

Twitter

@ethereum No data
Website Website www.ethereum.org Website nectar.community
Twitter Twitter @ethereum Twitter No data

Advantages

Well-known Founder An expanding developer community More than a cryptocurrency Continues to attract more businesses -

Disadvantages

Struggles with scaling Uses a complicated programming language High transaction fees -

Rating

User rating User rating 5 / 5 3 user review User rating 2 / 5 1 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 0 / 5
Advantages Advantages Well-known Founder An expanding developer community More than a cryptocurrency Continues to attract more businesses Advantages -
Disadvantages Disadvantages Struggles with scaling Uses a complicated programming language High transaction fees Disadvantages -

Ethereum (ETH) user rating is 5, based on 3 user reviews. Nectar (NEC) user rating is 2, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.82 / 5 Write review
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