Primecoin vs Digix vs PRIZM
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. | PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users. |
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. | 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. |