Paypex vs Nimiq vs Bitcoin Diamond
What problem does this service solve?
Not provided by vendor | Nimiq's goal is to provide an easy to use censorship resistant payment network. | Bitcoin Diamond aims to increase transaction speeds. |
Token Stats
Company Description
Paypex is an Ethereum-based token and payment network. The token is traded on a limited number of exchanges. The company's marketing materials do not describe the technical advantages of the token, or the benefits that their technology has. | 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. | Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain. |