Nimiq

by Nimiq

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FREE Coin

by FREE Coin

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PRIZM

by PRIZM

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Nimiq

by Nimiq

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FREE Coin

by FREE Coin

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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.FreeCoin claims to be a more inclusive cryptocurrency but their marketing materials do not show any unique offerings.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

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.

FREE Coin is an Ethereum-based token with a focus on being inclusive and encouraging cryptocurrency adoption. Their goal is for the token's price to increase in value, until its price is close to the USD. FREE Coin's site does not provide any details about their development plan or what specific advantages their network will provide.

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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