Nimiq

by Nimiq

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Diamond

by DMD Diamond Foundation

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PRIZM

by PRIZM

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Nimiq

by Nimiq

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Diamond

by DMD Diamond Foundation

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PRIZM

by PRIZM

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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.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

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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.

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.

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