Diamond

by DMD Diamond Foundation

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ZCoin

by ZCoin

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FREE Coin

by FREE Coin

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Diamond

by DMD Diamond Foundation

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ZCoin

by ZCoin

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

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.

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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