DigiByte vs BurstCoin vs Digix
What problem does this service solve?
DigiByte is focused on enabling faster and more secure blockchain transactions. | Burst's unique Tangle-based architecture is designed to improve exchanges of value. | Digix wants to create a digital token will less price volatility. By tokenizing gold on the Ethereum blockchain, they hope to create a digital asset with stable value. |
Token Stats
Company Description
DigiByte is a a blockchain platform that places an emphasis on security and block speed. DigiByte has one of the fastest block speeds of any public blockchain and uses an innovative consensus protocol with 5 mining algorithms. This prevents mining centralization and also minimizes the chances of security breaches. DigiByte transactions are limited in size and scope to increase speed, efficiency, and throughput. | 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. | Digix is digital gold on the blockchain. By combining the historical stability of a valuable physical asset with the advantages of a distributed ledger, Digix allows users to benefit from the advantages of both commodities and digital tokens. |