Nimiq vs Diamond vs Feathercoin
What problem does this service solve?
Nimiq's goal is to provide an easy to use censorship resistant payment network. | Diamond aims to create a digital currency with less price volatility through scarcity. | Feathercoin's goal is to allow users to make P2P payments that are settled and confirmed quickly. |
Token Stats
Company Description
Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism. | Diamond (DMD) is a Proof-of-Stake coin focused on scarcity. Their marketing materials emphasize the limited circulation of the coin, and the benefits of the network's incentivized cloud mining system, which rewards users for contributing their computing resources. | Feathercoin is a PoW coin with a fast block processing time. The project was developed with the goal of creating a user friendly coin with fast transaction times and low fees. The Feathercoin network features Automatic Checkpointing (ACP), which is used to prevent 51% attacks. ACP creates a new checkpoint every 5 blocks, protecting the history of the Feathercoin blockchain. |