PRIZM

by PRIZM

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Nimiq

by Nimiq

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Spendcoin

by Spend Foundation

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PRIZM

by PRIZM

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Nimiq

by Nimiq

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Spendcoin

by Spend Foundation

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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.Nimiq's goal is to provide an easy to use censorship resistant payment network.Spendcoin is a cryptocurrency aimed at encouraging adoption of decentralized financial and educational platforms.

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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.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

Spendcoin is an open-sourced cryptocurrency designed for the Cross Ledger Ecosystem, which includes the Spend App and the Blockchain University. The project is run by the Spend Foundation. Their network is currently powered by the Ethereum-based SPND token. Users receive tokens for performing tasks in the Spen ecosystem.

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