PRIZM

by PRIZM

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SIBCoin

by Sibcoin Foundation

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GAS

by NEO

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PRIZM

by PRIZM

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SIBCoin

by Sibcoin Foundation

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GAS

by NEO

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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.SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.GAS is used to pay for transactions on the NEO network.

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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.

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.

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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