Diamond

by DMD Diamond Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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SIBCoin

by Sibcoin Foundation

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Diamond

by DMD Diamond Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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SIBCoin

by Sibcoin Foundation

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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.SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.

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.

SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia.

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