Similarity between ETH, Bitcoin, Solana, and Islamic Coin 💯

They are all crypto assets that operate on top of a decentralized blockchain network. They also have their own tokens or coins that are used to pay for transactions or network fees. However, they also have significant differences, both in terms of technique and purpose.

ETH is the digital currency of the Ethereum platform, which is an open platform for programming smart contracts and decentralized applications (DApps). Ethereum uses a Proof of Work (PoW) consensus algorithm that requires large computing power to validate transactions.

Bitcoin is the world's first and most popular digital currency, created by Satoshi Nakamoto in 2009. Bitcoin also uses the PoW consensus algorithm, which makes it secure but also slow and expensive to transact. Bitcoin has a limited supply, namely 21 million coins.

Solana is a decentralized blockchain-based computing platform that uses SOL as its native token. Solana was developed from the ground up using a new consensus algorithm called Proof of History (PoH) that promises to take network speed and scalability to new levels, potentially capable of processing tens of thousands of transactions per second (tps).

Islamic Coin is the native token of Haqq, which is a PoS blockchain that operates on top of the Cosmos network via the EVMOS protocol. Haqq claims to be a blockchain created in accordance with Islamic sharia, meaning that its tokens are halal and conform to the basic principles that guide Islamic life and law. Islamic Coin was designed with the aim of providing Muslims around the world with an instrument through which they can participate in the digital economy. Islamic Coin is also optimistic that its project can grow like Bitcoin and reach a value of US$1 trillion.

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The Authority ISLAMIC COIN decided following:

1. There is no objection to establish the “HAQQ Chain” Platform and issuing the “Islamic Coin” based on the following measures:

Islamic Coin is a financial asset that may be traded by sale & purchase and replaced with legitimate services and goods and is considered money of its owners that may not be taken away, Zakat must be paid by its owners after purchase or after mining and possession according to the Zakat conditions and measures.To check the software code used to build the “HAQQ chain” platform at an accredited software audit company, to ensure the integrity of the platform and its ability to protect the funds of its customers.Appoint an Authority committee for the Evergreen DAO Endowment Fund to ensure the safety of the Fund’s activities.

2. The Authority confirms that this view is specific to the whitepaper, which includes details of establishing the “Haqq Chain” Platform, the issuance of “Islamic Coin” currency and establishing the “Evergreen DAO Endowment Fund” excluding other smart products and contracts to be built on the platform, and that the relevant Authority should ensure that this platform was established in accordance with this Islamic Shariah opinion, and that the entity must obtain the Shariah Authority approval for new smart products and contracts before launching them.

3. This opinion concerns the legitimate aspect, the Authority does not express an opinion on any legal aspects, economic feasibility, or the acceptance of the judicial authorities of this view, the concerned parties are responsible for verifying those aspects.

4. The Authority warns that investing in cryptocurrency products is suitable only for qualified investors, because of the risks involved, and needs expertise, follow-up and accurate knowledge of these products, and those who deals with these must be financially abundant and has surplus to their basic needs and has access to the complex technology that form the basis of cryptocurrencies and the like.

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Pioneering the Future of Islamic Finance

CRYPTO INNOVATION MEETS ISLAMIC TRADITION OFFERING INTEREST-FREE INVESTMENTS, HALAL TRADING, AND CHARITABLE GIVING AND MORE

Our Shariah compliant products, including interest-free investments, halal trading, and charitable giving opportunities, blend modern fintech with Islamic heritage, giving you the power to honor your traditions while embracing the crypto revolution.

Step into the future with Islamic Coin - the heart of ethical, principled finance that respects your values.

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ASAP listing in this CEX

ISLAMIC COIN - ISLM

Why Trending on X / Twitter ?

Islamic Coin was trending on Twitter in different countries.
Islamic Coin is the only coin which shows Fatwa and proves that they are Halal Coin.
Because of various reasons and understanding of Islamic Sharia rules many Muslims did not invest in crypto Currency, Islamic coin gives opportunity to Invest in Halal Way.

to Get more information How Islamic Coin is Halal visit official website islamiccoin.net