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.

Nano, formerly known as Railblocks, is a cryptocurrency that is focused on enabling fast transactions with no fees. Nano's innovative blockchain architecture utilizes a block lattice structure that does not need miners to confirm transactions.
Nano uses a Delegated Proof-of-Stake consensus.

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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.