Denarius

by Denarius

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Apollo

by Apollo Foundation

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Denarius

by Denarius

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Apollo

by Apollo Foundation

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What problem does this service solve?

Denarius' goal is to create a faster and more secure digital currency.Bitcoin Diamond aims to increase transaction speeds.Apollo aims to integrate a variety of decentralized services in one comprehensive blockchain-based platform.

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Company Description

Denarius is a hybrid cryptocurrency with a consensus mechanism that combines elements of Proof of Work and Proof of Stake. Denarius' cryptographic hashing algorithm, Tribus, is ASIC resistant, and consists of three of the most secure and popular cryptographic algorithms. Denarius is named after a Roman coin that was widely used during the peak of the Roman Empire.

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.

Apollo is developing an all-in-one cryptocurrency platform, based on the APL coin. Apollo was created as a fork of NXT, and has a very ambitious plan to integrate a variety of services under one platform, with a strong focus on privacy. Apollo's blockchain is called Hermes and has a Proof-of-Stake consensus mechanism. Some of the features that Apollo's marketing materials claim they are working on are: private transactions with IP masking, smart contracts, encrypted messaging, file sharing, a decentralized marketplace, voting system for governance, decentralized data storage, and a wallet with a built in exchange. John McAfee, a notable blockchain enthusiast and antivirus pioneer, joined the project in October 2018.

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