SIBCoin vs ZCoin vs Diamond
What problem does this service solve?
SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe. | ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity. | Diamond aims to create a digital currency with less price volatility through scarcity. |
Token Stats
Company Description
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. | ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed. | 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. |