Bitcoin

by Bitcoin Foundation

4/5

(5)
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CROWN

by Crown

(0)
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PRIZM

by PRIZM

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Bitcoin

by Bitcoin Foundation

4/5

(5)
Visit Website

CROWN

by Crown

(0)
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PRIZM

by PRIZM

(0)
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What problem does this service solve?

Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger.Crown is a European focused cryptocurrency.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

Token Stats

Company Description

Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank.
Bitcoin was developed by Satoshi Nakamoto, whose identity has never been confirmed and has become the subject of great intrigue. Bitcoin builds upon on other cryptographic and digital currency projects that came before it, but its use of blockchain made it more viable. Nakamoto originally released his white paper and open-source software on a cryptography forum. He mined the first block of the Bitcoin chain, called the genesis block in January 2009.
Bitcoins are created as a reward for a process known as mining. One of the core innovations of Bitcoin, is its consensus algorithm, which creates an incentive system that rewards miners for confirming transactions.
Hal Finney, who developed the first reusable proof-of-work system (RPOW), several years before, was the first Bitcoin adopter and received the first bitcoin transaction ever recorded on its blockchain.

Crown is a cryptocurrency and development platform with a Proof-of-Work (PoW) consensus mechanism, and an emphasis on community governance. It combines some of the technical capabilities of Bitcoin and Dash. It is currently merge mined with Bitcoin, but is developing a new consensus model called Crown Atomic.

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

Ratings

Overall

4.5/5 (5)

(0)

(0)

Will this currency still be used in 10 years?

4/5

How scalable is this currency?

4.5/5

How adaptable is this currency to the changing needs of the market?

4/5

How effective is this currency as a medium of exchange?

3.5/5

How effective is this currency as a store of value?

4/5