Diamond

by DMD Diamond Foundation

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BurstCoin

by Burst

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TransferCoin

by TransferCoin

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Diamond

by DMD Diamond Foundation

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BurstCoin

by Burst

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TransferCoin

by TransferCoin

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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.TransferCoin does not appear to have any significant benefits over other digital currencies.

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.

TransferCoin is a digital currency with a hybrid PoW and PoS consensus mechanism. TransferCoin uses the X11 encryption algorithm and has a relatively fast block time.

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