Apollo

by Apollo Foundation

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ZCoin

by ZCoin

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NEM

by New Economic Movement

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Apollo

by Apollo Foundation

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ZCoin

by ZCoin

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NEM

by New Economic Movement

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What problem does this service solve?

Apollo aims to integrate a variety of decentralized services in one comprehensive blockchain-based platform.ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity.NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry.

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Company Description

Apollo is developing an all-in-one cryptocurrency platform, based on the APL coin. Apollo was created as a fork of NXT, and has a very ambitious plan to integrate a variety of services under one platform, with a strong focus on privacy. Apollo's blockchain is called Hermes and has a Proof-of-Stake consensus mechanism. Some of the features that Apollo's marketing materials claim they are working on are: private transactions with IP masking, smart contracts, encrypted messaging, file sharing, a decentralized marketplace, voting system for governance, decentralized data storage, and a wallet with a built in exchange. John McAfee, a notable blockchain enthusiast and antivirus pioneer, joined the project in October 2018.

ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed.
Zcoin was the first cryptocurrency to use a Merkle Tree Proof (MTP) as its proof of work algorithm. Merkle Tree Proofs are an innovative solution to achieving network consensus, and can increase transaction time while reducing the centralizing tendency of ASIC mining.

NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language.
NEM's goal is to achieve widespread distribution through improved scale and speed. It pioneered several blockchain features such as its proof-of-importance (POI) consensus algorithm, encrypted messaging, a unique reputation system, and multi-signature accounts.
NEM is also developing a commercial blocckahin called Mijin, that is currently being tested by several companies and financial institutions.
In early 2018, approximately $400 million worth of XEM were stolen from a Japanese exchange called Coincheck, that was the victim of huge hack. The exchange failed to implement proper security for this coin protocol, and the hackers only stole XEM coins as a result. Instead of creating a fork to deal with this issue, NEM set up an automated tagging system that flagged these funds. NEM then stopped tracking these stolen coins

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