Primecoin

by Primecoin

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Qtum

by Qtum Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Primecoin

by Primecoin

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Qtum

by Qtum Foundation

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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What problem does this service solve?

Primecoin uses prime number generation to improve Bitcoin's PoW protocol.Qtum is a smart contracts platform and currency protocol that combines attributes of Bitcoin and Ethereum.Bitcoin Diamond aims to increase transaction speeds.

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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.
The network searches for special prime number chains known as Cunningham chains and bi-twin chains, which are of interest in mathematical research.

Qtum has been described as a hybrid between Ethereum and Bitcoin. Qtum is a smart contracts platform that places a strong focus on value transfers as well as decentralized apps. Qtum enables users to create smart contracts on the platform and conduct cryptocurrency transactions.
Qtum has a Proof-of-Stake (PoS) consensus algorithm. Several decentralized apps are already using the platform.

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.

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