Diamond

by DMD Diamond Foundation

(0)
View Profile

ZCoin

by ZCoin

(0)
View Profile

Amp Token

by Flexacoin

(0)
View Profile

Diamond

by DMD Diamond Foundation

(0)
View Profile

ZCoin

by ZCoin

(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.ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity.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.

ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed.
Zcoin was the first cryptocurrency to use a Merkle Tree Proof (MTP) as its proof of work algorithm. Merkle Tree Proofs are an innovative solution to achieving network consensus, and can increase transaction time while reducing the centralizing tendency of ASIC mining.

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)