Diamond

by DMD Diamond Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Nimiq

by Nimiq

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Diamond

by DMD Diamond Foundation

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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?

Diamond aims to create a digital currency with less price volatility through scarcity.Bitcoin Diamond aims to increase transaction speeds.Nimiq's goal is to provide an easy to use censorship resistant payment network.

Token Stats

Company Description

Diamond (DMD) is a Proof-of-Stake coin focused on scarcity. Their marketing materials emphasize the limited circulation of the coin, and the benefits of the network's incentivized cloud mining system, which rewards users for contributing their computing resources.

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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