Bitcoin Diamond

by Bitcoin Diamond Foundation

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SIBCoin

by Sibcoin Foundation

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DigiByte

by Digibyte

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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SIBCoin

by Sibcoin Foundation

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DigiByte

by Digibyte

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What problem does this service solve?

Bitcoin Diamond aims to increase transaction speeds.SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.DigiByte is focused on enabling faster and more secure blockchain transactions.

Token Stats

Company Description

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.

SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia.

DigiByte is a a blockchain platform that places an emphasis on security and block speed. DigiByte has one of the fastest block speeds of any public blockchain and uses an innovative consensus protocol with 5 mining algorithms. This prevents mining centralization and also minimizes the chances of security breaches. DigiByte transactions are limited in size and scope to increase speed, efficiency, and throughput.
DigiByte hopes that these innovations will provide the ideal blockchain infrastructure for a range of applications within the IoT and AI fields, that require a high degree of security and fast block speeds.

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