Diamond

by DMD Diamond Foundation

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BurstCoin

by Burst

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FREE Coin

by FREE Coin

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Diamond

by DMD Diamond Foundation

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BurstCoin

by Burst

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FREE Coin

by FREE Coin

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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.FreeCoin claims to be a more inclusive cryptocurrency but their marketing materials do not show any unique offerings.

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.

FREE Coin is an Ethereum-based token with a focus on being inclusive and encouraging cryptocurrency adoption. Their goal is for the token's price to increase in value, until its price is close to the USD. FREE Coin's site does not provide any details about their development plan or what specific advantages their network will provide.

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