Alibaba Coin

by Alibabacoin Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Gulden

by Gulden

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Alibaba Coin

by Alibabacoin Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Gulden

by Gulden

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What problem does this service solve?

Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier.Bitcoin Diamond aims to increase transaction speeds.Gulden allows users to make P2P payments. It has gained some adoption in the Netherlands, but it does not appear to have any significant advantages to other coins.

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Company Description

Alibaba Coin is a digital currency that plans to implement blockchain-based facial recognition technology that will allow users to make transactions by showing their faces to a merchant's camera. Alibaba Coin was created by a company in Dubai, and has no relation to the Chinese online retail giant.

Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain.

Gulden is a Dutch cryptocurrency based on a native blockchain with a Proof-of-Work (PoW) consensus mechanism. Gulden has gained traction in the Netherlands, where it can be used to make P2P payments, as well as send funds to an IBAN account. Gulden's marketing efforts emphasize the network's security and faster transaction times. Gulden's PoW² consensus combines aspects of PoS with PoW, and allows witnesses to add transactions to blocks after they have been mined. The network is powered by the NLG coin.

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