Ravencoin

by Ravencoin

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DigiByte

by Digibyte

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Decred

by Decred

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Ravencoin

by Ravencoin

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DigiByte

by Digibyte

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Decred

by Decred

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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.DigiByte is focused on enabling faster and more secure blockchain transactions.Decred is a decentralized currency with a strong emphasis on community participation.

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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.

DigiByte is a a blockchain platform that places an emphasis on security and block speed. DigiByte has one of the fastest block speeds of any public blockchain and uses an innovative consensus protocol with 5 mining algorithms. This prevents mining centralization and also minimizes the chances of security breaches. DigiByte transactions are limited in size and scope to increase speed, efficiency, and throughput.
DigiByte hopes that these innovations will provide the ideal blockchain infrastructure for a range of applications within the IoT and AI fields, that require a high degree of security and fast block speeds.

Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform.
Decred has a hybrid Proof-of-Activity (PAC) consensus algorithm that combines the mining of Proof-of-Work (PoW) with the stake verifying model of Proof-of-Stake (PoS). It's designed to incentivize the community to participate and to reward both miners and stake verifiers. When DCR is mined, PoW miners receives 60% of the coins, PoS voters receive 30%, and 10% goes towards the development of the Decred platform.

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