Primecoin vs Digix vs Ampleforth Token
What problem does this service solve?
Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | Digix wants to create a digital token will less price volatility. By tokenizing gold on the Ethereum blockchain, they hope to create a digital asset with stable value. | Ampleforth's goal is to serve as an elastic cryptocurrency that will be less correlated to the price of Bitcoin, and will allow investors to diversity their Crypto portfolios. |
Token Stats
Company Description
Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | Digix is digital gold on the blockchain. By combining the historical stability of a valuable physical asset with the advantages of a distributed ledger, Digix allows users to benefit from the advantages of both commodities and digital tokens. | The Ampleforth token is a cryptocurrency with a variable supply. The total number of Ampleforth tokens in circulation changes daily and is adjusted according to the overall demand. The Ampleforth protocol is non-dilutive and ensures that the adjustments in supply that result in response to changes in demand occur proportionally across all the wallets in the network. This ensures that the percentage of each token holders overall ownership of the network remains stable, despite the adjustments in the overall token supply. The protocol is designed to reduce the correlation of the price of Ampleforth to the price of Bitcoin. |