Bitcoin Gold

by Bitcoin Gold

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BitcoinDark

by BitcoinDark

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Ripple

by Ripple Labs

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Bitcoin Gold

by Bitcoin Gold

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BitcoinDark

by BitcoinDark

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Ripple

by Ripple Labs

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What problem does this service solve?

Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin protocol.This is a fork of Bitcoin with a poorly defined purpose and vision.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.

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Company Description

Bitcoin Gold (BTG) is a cryptocurrency that began in 2017 as a hard fork of the Bitcoin blockchain. BTG was created to reduce the monopolizing power of dedicated ASIC mining operations within the original Bitcoin network. Bitcoin Gold mining can be done by anyone with a standard computer and provides greater decentralization to the system. The hard fork that created BTG was meant to combat the disproportionate influence and competitive advantage of professional miners.

BitcoinDark is a fork of Bitcoin with a poorly defined purpose and use case. BitcoinDark is based on the InstantDEX protocol, a decentralized exchange for BitcoinDark and other cryptocurrencies supported by the project. The platform is also supposed to include a Pegged Asset Exchange (PAX) to allow users to buy and sell pegged assets – including fiat currencies, commodities, ETFs, and stocks.
BitcoinDark is a Proof-of-Stake (PoS) currency that has gained a significant market cap, but the project has failed to show how its vision will be implemented or how it will add value compared to other blockchain projects.

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.

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