NEM vs Amp Token vs PascalCoin
What problem does this service solve?
NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | The Amp Token is designed to enable more scalable collateralization options in the DeFi space. | PascalCoin increases transaction speeds by eliminating the need for all nodes in a network to maintain the entire blockchain history. |
Token Stats
Company Description
NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | The Amp token is a digital collateral token that is specifically designed to enable the decentralized collateralization of digital asset transactions. It evolved from what was previously known as the Flexacoin network, and is meant to allow the token to better facilitate recent innovations related to borrowing and lending in the DeFi space. The Amp token's supply was created by burning the existing supply of Flexacoins, which were exchanged for the new token at a rate of 1:1. Amp will improve upon Flexacoin’s collateralization features with a new architecture that will allow for the implementation of additional on-chain supply operations and more collateral-related DeFi options. | PascalCoin is the first blockchain that can be deleted, and reduces the dependency of the entire blockchain history to verify transactions. It is a Proof-of-Work (PoW) cryptocurrency that places a strong emphasis on achieving the same level of scalability as credit card networks such as VISA. Pascal's architecture is based on an innovative cryptographic structure called the SafeBox. It facilitates faster transactions by storing account balances separately from the blockchain. The SafeBox only uses the last 100 blocks on the chain to update transaction history. This allows the network nodes to synchronize much faster while preserving the security of the blockchain, and reducing the computing resources needed to maintain it. |