Bitcoin Diamond

by Bitcoin Diamond Foundation

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Vertcoin

by Vertcoin

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Qtum

by Qtum Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Vertcoin

by Vertcoin

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Qtum

by Qtum Foundation

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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.Qtum is a smart contracts platform and currency protocol that combines attributes of Bitcoin and Ethereum.

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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.

Qtum has been described as a hybrid between Ethereum and Bitcoin. Qtum is a smart contracts platform that places a strong focus on value transfers as well as decentralized apps. Qtum enables users to create smart contracts on the platform and conduct cryptocurrency transactions.
Qtum has a Proof-of-Stake (PoS) consensus algorithm. Several decentralized apps are already using the platform.

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