Gulden

by Gulden

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BlackCoin

by BlackCoin

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Ripple

by Ripple Labs

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Gulden

by Gulden

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BlackCoin

by BlackCoin

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Ripple

by Ripple Labs

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What problem does this service solve?

Gulden allows users to make P2P payments. It has gained some adoption in the Netherlands, but it does not appear to have any significant advantages to other coins.BlackCoin does not appear to provide any unique advantages compared to other digital currencies.Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.

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Company Description

Gulden is a Dutch cryptocurrency based on a native blockchain with a Proof-of-Work (PoW) consensus mechanism. Gulden has gained traction in the Netherlands, where it can be used to make P2P payments, as well as send funds to an IBAN account. Gulden's marketing efforts emphasize the network's security and faster transaction times. Gulden's PoW² consensus combines aspects of PoS with PoW, and allows witnesses to add transactions to blocks after they have been mined. The network is powered by the NLG coin.

BlackCoin is a Proof-of-Stake (PoS) cryptocurrency created in 2014. Users are rewarded for staking their coins to secure the network. BlackCoin's staking rewards vary between 1% to 8% per year.

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

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