PRIZM vs SIBCoin vs Bitcoin
What problem does this service solve?
PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users. | SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe. | Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger. |
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. | SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia. | Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank. |