PRIZM

by PRIZM

(0)
View Profile

BurstCoin

by Burst

(0)
View Profile

Bitcoin Diamond

by Bitcoin Diamond Foundation

(0)
View Profile

PRIZM

by PRIZM

(0)
View Profile

BurstCoin

by Burst

(0)
View Profile

Bitcoin Diamond

by Bitcoin Diamond Foundation

(0)
View Profile

What problem does this service solve?

PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.Burst's unique Tangle-based architecture is designed to improve exchanges of value.Bitcoin Diamond aims to increase transaction speeds.

Token Stats

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.

BurstCoin is a cryptocurrency with a Proof-of-Capacity (PoC) consensus algorithm. Unlike most other cryptocurrencies, Burst's architecture uses a Tangle (similar to IOTA) instead of relying on a blockchain. It also utilizes ring signatures and other features, in what is called the Dymaxion. The Dymaxion implements layers of tangle-based lightning networks on top of the Burst blockchain. Each of these payment channels is opened in the form of a standalone colored tangle. Burst is also developing atomic cross-chain transactions (ACCT), that will allow for full decentralized trading between two cryptocurrencies.

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.

Ratings

(0)

(0)

(0)