FREE Coin

by FREE Coin

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Ravencoin

by Ravencoin

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PRIZM

by PRIZM

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FREE Coin

by FREE Coin

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Ravencoin

by Ravencoin

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PRIZM

by PRIZM

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What problem does this service solve?

FreeCoin claims to be a more inclusive cryptocurrency but their marketing materials do not show any unique offerings.Ravencoin wants to create a blockchain that will improve the tracking of digital asset ownership.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

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Company Description

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.

Ravencoin is a blockchain created by the owner of Overstock.com. It is a use case specific blockchain for the declaration of ownership of digital assets. Ravecoin is a fork of Bitcoin, and was originally funded by Medici Ventures, a blockchain investment fund owned by Overstock.com.
Ravencoin's name is inspired by the use of Ravens in sending messages, and its blockchain is designed to carry statements of truth about who owns what asset. The developers created a new consensus algorithm called x16r to solve the problems of centralized ASIC mining. The algorithm is unique in that it consists of 16 different hashing algorithms whose order are randomly changed.

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

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