Flash Coin

by Flash Coin

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Vitae

by Vitae

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Nimiq

by Nimiq

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Flash Coin

by Flash Coin

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Vitae

by Vitae

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Nimiq

by Nimiq

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What problem does this service solve?

Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use.Vitae does not appear to solve any problems or provide any technical advantages, compared to other projects.Nimiq's goal is to provide an easy to use censorship resistant payment network.

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Company Description

Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain.

Vitae is a Proof-of-Stake (PoS) blockchain platform that is a fork of PIVx. It is based on Blackcoin's PoS protocol. The company's marketing materials claim that its focus will be on facilitating social rewards and global prosperity, but they do not provide any specifics about what will distinguish them from other networks. It is powered by the VITAE coin.

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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