Diamond

by DMD Diamond Foundation

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MonaCoin

by MonaCoin

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Nimiq

by Nimiq

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Diamond

by DMD Diamond Foundation

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MonaCoin

by MonaCoin

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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.MonaCoin is the first Japanese cryptocurrency.Nimiq's goal is to provide an easy to use censorship resistant payment network.

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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.

MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin.
MonaCoin has an enthusiastic user base that has developed a variety of Mona-based web applications and services. MonaCoin holders also use the coin as a tipping system.

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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