Diamond

by DMD Diamond Foundation

(0)
View Profile

BurstCoin

by Burst

(0)
View Profile

Amp Token

by Flexacoin

(0)
View Profile

Diamond

by DMD Diamond Foundation

(0)
View Profile

BurstCoin

by Burst

(0)
View Profile

Amp Token

by Flexacoin

(0)
View Profile

What problem does this service solve?

Diamond aims to create a digital currency with less price volatility through scarcity.Burst's unique Tangle-based architecture is designed to improve exchanges of value.The Amp Token is designed to enable more scalable collateralization options in the DeFi space.

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.

BurstCoin is a cryptocurrency with a Proof-of-Capacity (PoC) consensus algorithm. Unlike most other cryptocurrencies, Burst's architecture uses a Tangle (similar to IOTA) instead of relying on a blockchain. It also utilizes ring signatures and other features, in what is called the Dymaxion. The Dymaxion implements layers of tangle-based lightning networks on top of the Burst blockchain. Each of these payment channels is opened in the form of a standalone colored tangle. Burst is also developing atomic cross-chain transactions (ACCT), that will allow for full decentralized trading between two cryptocurrencies.

The Amp token is a digital collateral token that is specifically designed to enable the decentralized collateralization of digital asset transactions. It evolved from what was previously known as the Flexacoin network, and is meant to allow the token to better facilitate recent innovations related to borrowing and lending in the DeFi space. The Amp token's supply was created by burning the existing supply of Flexacoins, which were exchanged for the new token at a rate of 1:1. Amp will improve upon Flexacoin’s collateralization features with a new architecture that will allow for the implementation of additional on-chain supply operations and more collateral-related DeFi options.

Ratings

(0)

(0)

(0)