PRIZM

by PRIZM

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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NavCoin

by NavCoin

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PRIZM

by PRIZM

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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NavCoin

by NavCoin

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What problem does this service solve?

PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.Bitcoin Diamond aims to increase transaction speeds.NavaCoin aims to create a digital currency that will be private, cheap, eco-friendly, and fast.

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Company Description

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.

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.

NavCoin is a community-driven digital currency built on an open-source,Proof-of-Stake (PoS) blockchain. The project has an active development community, and places a strong emphasis on their user governance. NavCoin is developing a feature for its PoS consensus mechanism that will allow for cold staking. Users will be able to stake their coins while keeping them offline.

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