Decred

by Decred

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Ripple

by Ripple Labs

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PIRL

by Pirl

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Decred

by Decred

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Ripple

by Ripple Labs

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PIRL

by Pirl

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What problem does this service solve?

Decred is a decentralized currency with a strong emphasis on community participation.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.PIRL's community focused blockchain aims to be an intuitive and easy to use platform that will make decentralized technologies more accessible.

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Company Description

Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform.
Decred has a hybrid Proof-of-Activity (PAC) consensus algorithm that combines the mining of Proof-of-Work (PoW) with the stake verifying model of Proof-of-Stake (PoS). It's designed to incentivize the community to participate and to reward both miners and stake verifiers. When DCR is mined, PoW miners receives 60% of the coins, PoS voters receive 30%, and 10% goes towards the development of the Decred platform.

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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.

PIRL is a community based blockchain project focused on making cryptocurrencies more accessible. It was the first blockchain to introduce an Ethash-based masternode. Their goal is to develop a comprehensive DApps hosting infrastructure that will be easy to use. Their Poseidon platform is designed to be an on ramp for users without any technical knowledge. PIRL's multi-tiered masternode network has an ASIC-resistant Proof-of-Work (PoW) consensus mechanism, and is powered by the PIRL coin. The company plans on developing features, such as: decentralized file storage, messaging, and escrow services for payments.

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