Denarius

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Bitcoin Gold

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Ethereum Classic

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Denarius

by Denarius

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Bitcoin Gold

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Ethereum Classic

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What problem does this service solve?

Denarius' goal is to create a faster and more secure digital currency.Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin protocol.Ethereum Classic (ETC) is the original version of the Ethereum protocol that was maintained after the hard fork that took place in 2016. Ethereum Classic also aims to be a general purpose blockchain, but the majority of developers prefer the new fork of Ethereum, and most of ETC's on-chain activity is primarily speculative.

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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 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.

Ethereum Classic is the original protocol of Ethereum. As a result of the massive hack on the Ethereum-based DAO, in which around 14% of all ETH in circulation were stolen, a hard fork was proposed to return the stolen funds to their owners. This caused an ideological split revolving around the question of changing previous transactions in the blockchain. Some Ethereum holders rejected the hard fork, and decided to keep using the original protocol, based on the principle that the blockchain is immutable, and cannot be changed.

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