MonaCoin vs PRIZM vs Beetle Coin
What problem does this service solve?
MonaCoin is the first Japanese cryptocurrency. | PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users. | Beetlecoin's goal is to use blockchain to raise awareness for environmental issues. |
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Company Description
MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. | 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. | Beetle Coin is a PoS cryptocurrency that places an emphasis on raising awareness and funds for environmental issues. The coin is traded and listed under the BEET symbol. |