FREE Coin

by FREE Coin

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Unobtanium

by Unobtanium

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ZCoin

by ZCoin

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FREE Coin

by FREE Coin

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Unobtanium

by Unobtanium

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ZCoin

by ZCoin

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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.Unobtanium is designed to be a commodity coin that will be a long term store of value.ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity.

Token Stats

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.

Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin.

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.

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