Primecoin vs I/O Coin vs Diamond
What problem does this service solve?
Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | I/O Coin's blockchain is designed to enable users to communicate and transact with more privacy and efficiency. | Diamond aims to create a digital currency with less price volatility through scarcity. |
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. | I/O Coin is a Proof of Stake blockchain platform that aims to provide a variety of decentralized services. Including: payments, encrypted document storage, messaging, and offline transfers. The network is powered by the IOC coin. | Diamond (DMD) is a Proof-of-Stake coin focused on scarcity. Their marketing materials emphasize the limited circulation of the coin, and the benefits of the network's incentivized cloud mining system, which rewards users for contributing their computing resources. |