Peercoin

by Peercoin Foundation

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TrumpCoin

by TrumpCoin

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NEM

by New Economic Movement

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Peercoin

by Peercoin Foundation

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TrumpCoin

by TrumpCoin

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NEM

by New Economic Movement

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What problem does this service solve?

Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly.TrumpCoin wants to organize Trump supporters and enable them to contribute to his political goals through a digital currency.NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry.

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Company Description

Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE.
Peercoin’s PoS consensus mechanism is now widely used in the blockchain space, and allows every network participant to be both a miner or an owner. The project is focused on creating a cryptocurrency platform that will be stable, secure, energy efficient, and distributed fairly.

TrumpCoin is a cryptocurrency that was created to support Donald Trump. Their marketing materials do not provide specific details about what they hope to achieve, or why they need a blockchain-based digital currency. TrumpCoin has a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism.

NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language.
NEM's goal is to achieve widespread distribution through improved scale and speed. It pioneered several blockchain features such as its proof-of-importance (POI) consensus algorithm, encrypted messaging, a unique reputation system, and multi-signature accounts.
NEM is also developing a commercial blocckahin called Mijin, that is currently being tested by several companies and financial institutions.
In early 2018, approximately $400 million worth of XEM were stolen from a Japanese exchange called Coincheck, that was the victim of huge hack. The exchange failed to implement proper security for this coin protocol, and the hackers only stole XEM coins as a result. Instead of creating a fork to deal with this issue, NEM set up an automated tagging system that flagged these funds. NEM then stopped tracking these stolen coins

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