Nimiq

by Nimiq

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Telcoin

by Telcoin Pte Ltd

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PRIZM

by PRIZM

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Nimiq

by Nimiq

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Telcoin

by Telcoin Pte Ltd

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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.Telcoin wants to create a blockchain-based payment system operated by telecom providers.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.

Telcoin is an Ethereum-based cryptocurrency that will be distributed by mobile network operators. Telcoin (TEL) plans on working with national telecom operators to distribute their currency. They hope that this distribution model will provide greater financial inclusion to un-banked communities, and will encourage cryptocurrency adoption. This is a similar strategy as MPesa, the mobile payment network created by SafariCom, that uses the telecom's provider's existing infrastructure to allow users to easily make payments with their mobile phones. Telecoin sees their platform as a complement to existing mobile money systems that will help drive cryptocurrency adoption.

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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