NEM

by New Economic Movement

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WhiteCoin

by WhiteCoin

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Viacoin

by Viacoin

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NEM

by New Economic Movement

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WhiteCoin

by WhiteCoin

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Viacoin

by Viacoin

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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.WhiteCoin's currency platform does not appear to provide specific technical advantages or project goals that will solve any problems.Viacoin's fast transaction times enable users to send micropayments for a variety of purposes.

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.
NEM's goal is to achieve widespread distribution through improved scale and speed. It pioneered several blockchain features such as its proof-of-importance (POI) consensus algorithm, encrypted messaging, a unique reputation system, and multi-signature accounts.
NEM is also developing a commercial blocckahin called Mijin, that is currently being tested by several companies and financial institutions.
In early 2018, approximately $400 million worth of XEM were stolen from a Japanese exchange called Coincheck, that was the victim of huge hack. The exchange failed to implement proper security for this coin protocol, and the hackers only stole XEM coins as a result. Instead of creating a fork to deal with this issue, NEM set up an automated tagging system that flagged these funds. NEM then stopped tracking these stolen coins

WhiteCoin is a cryptocurrency protocol with a Proof-of-Stake (PoS) consensus mechanism. WhiteCoin's (XWC) marketing materials place an emphasis on security and stability, but do not present details regarding their specific technical advantages or project goals.
WhiteCoin's payment network provides a high degree of anonymity and its PoS consensus model allows XWC coin holders to earn revenue by staking their holdings.

Viacoin is an open source cryptocurrency based on the Bitcoin protocol. Viacoin has a 24 second block time and relatively fast transaction times. It can handle 175 transactions per second without scaling through Segwit or the Lightning Network. The fast transaction times make Viacoin a good option for sending micropayments. The platform also enables users to perform cross-chain atomic swaps between different cryptocurrencies, without a centralized exchange. Viacoin has an Auxiliary Proof-of-Work (AuxPoW) consensus mechanism that allows miners to mine multiple coins, that use the Scrypt algorithms, at the same time. Viacoin's smart contract platform, Rootstock, is compatible with Ethereum smart contracts.

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