PRIZM

by PRIZM

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Sphere

by Sphere

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Peercoin

by Peercoin Foundation

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PRIZM

by PRIZM

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Sphere

by Sphere

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Peercoin

by Peercoin 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.Sphere's goal is to create a digital currency with a fair distribution model.Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly.

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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.

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE.
Peercoin’s PoS consensus mechanism is now widely used in the blockchain space, and allows every network participant to be both a miner or an owner. The project is focused on creating a cryptocurrency platform that will be stable, secure, energy efficient, and distributed fairly.

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