PRIZM vs NEM vs Denarius
What problem does this service solve?
PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users. | NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | Denarius' goal is to create a faster and more secure digital currency. |
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. | NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | Denarius is a hybrid cryptocurrency with a consensus mechanism that combines elements of Proof of Work and Proof of Stake. Denarius' cryptographic hashing algorithm, Tribus, is ASIC resistant, and consists of three of the most secure and popular cryptographic algorithms. Denarius is named after a Roman coin that was widely used during the peak of the Roman Empire. |