Denarius

by Denarius

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Nimiq

by Nimiq

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Denarius

by Denarius

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Nimiq

by Nimiq

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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.Nimiq's goal is to provide an easy to use censorship resistant payment network.

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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.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

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