PRIZM vs EOS vs Bitcoin Cash
What problem does this service solve?
PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users. | EOS.io is a decentralized platform designed to allow build DApps easily, without servers. It is meant to be more scalable than other blockchain platforms and it can support more transactions per second, with far lower transaction fees. It was created by Dan Larimer, who is an extremely talented and influential developer that was also involved with BitShares and Steemit. | Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain on August 1st, 2017. Anyone who had bitcoin at that time became the owner of the same number of Bitcoin Cash. |
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. | EOS is a blockchain development platform created by Block.one. Its goal is to become an all purpose operating system for blokchain applications. EOS allows developers to make underlying blockchains and create decentralized application more easily. It was designed from the ground up, to be more scalable and faster than other blockchain platforms. This allows for greater throughput, with more transactions per second, and much lower transaction fees. EOS tokens serve as the native currency. The network has a Delegated Proof-of-Stake (dPoS) consensus mechanism. Transactions are verified by 21 block producers that are chosen through a voting process that is designed to encourage community participation. | Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the original Bitcoin blockchain that took place in 2017. Due to the open source nature of the Bitcoin protocol, and the lack of a central governing body to resolve disputes, the Bitcoin community became extremely divided about what to do about rising fees and slow transaction times. As the platform's transaction volume increased, and the associated fees to confirm them also increased dramatically, many people began advocating for a larger block size. |