Ravencoin

by Ravencoin

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Diamond

by DMD Diamond Foundation

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SIBCoin

by Sibcoin Foundation

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Ravencoin

by Ravencoin

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Diamond

by DMD Diamond Foundation

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SIBCoin

by Sibcoin Foundation

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What problem does this service solve?

Ravencoin wants to create a blockchain that will improve the tracking of digital asset ownership.Diamond aims to create a digital currency with less price volatility through scarcity.SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.

Token Stats

Company Description

Ravencoin is a blockchain created by the owner of Overstock.com. It is a use case specific blockchain for the declaration of ownership of digital assets. Ravecoin is a fork of Bitcoin, and was originally funded by Medici Ventures, a blockchain investment fund owned by Overstock.com.
Ravencoin's name is inspired by the use of Ravens in sending messages, and its blockchain is designed to carry statements of truth about who owns what asset. The developers created a new consensus algorithm called x16r to solve the problems of centralized ASIC mining. The algorithm is unique in that it consists of 16 different hashing algorithms whose order are randomly changed.

Diamond (DMD) is a Proof-of-Stake coin focused on scarcity. Their marketing materials emphasize the limited circulation of the coin, and the benefits of the network's incentivized cloud mining system, which rewards users for contributing their computing resources.

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.

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