Bitcoin Diamond

by Bitcoin Diamond Foundation

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Ripple

by Ripple Labs

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Nasdacoin

by Nasdacoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Ripple

by Ripple Labs

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Nasdacoin

by Nasdacoin

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What problem does this service solve?

Bitcoin Diamond aims to increase transaction speeds.Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.Nasdacoin wants to develop an ecosystem based on the NSD coin.

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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.

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

Nasdacoin is developing a blockchain with a hybrid consensus mechanism that combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS). Nasdacoin uses the Scrypt hashing algorithm and is powered by the NSD coin. The company plans on developing a comprehensive ecosystem with a native exchange, wallet, App, and marketplace. They also plan on allowing Nasdacoin holders to transfer their NSD balance to a Visa card that can be used anywhere.

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