Bitcoin Diamond

by Bitcoin Diamond Foundation

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Vertcoin

by Vertcoin

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Nimiq

by Nimiq

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Vertcoin

by Vertcoin

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Nimiq

by Nimiq

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What problem does this service solve?

Bitcoin Diamond aims to increase transaction speeds.Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm.Nimiq's goal is to provide an easy to use censorship resistant payment network.

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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.

Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

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