BitcoinDark vs Sphere vs Bitcoin Diamond
What problem does this service solve?
This is a fork of Bitcoin with a poorly defined purpose and vision. | Sphere's goal is to create a digital currency with a fair distribution model. | Bitcoin Diamond aims to increase transaction speeds. |
Token Stats
Company Description
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. | Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform. | 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. |