Telcoin

by Telcoin Pte Ltd

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Nimiq

by Nimiq

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Gulden

by Gulden

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Telcoin

by Telcoin Pte Ltd

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Nimiq

by Nimiq

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Gulden

by Gulden

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What problem does this service solve?

Telcoin wants to create a blockchain-based payment system operated by telecom providers.Nimiq's goal is to provide an easy to use censorship resistant payment network.Gulden allows users to make P2P payments. It has gained some adoption in the Netherlands, but it does not appear to have any significant advantages to other coins.

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Company Description

Telcoin is an Ethereum-based cryptocurrency that will be distributed by mobile network operators. Telcoin (TEL) plans on working with national telecom operators to distribute their currency. They hope that this distribution model will provide greater financial inclusion to un-banked communities, and will encourage cryptocurrency adoption. This is a similar strategy as MPesa, the mobile payment network created by SafariCom, that uses the telecom's provider's existing infrastructure to allow users to easily make payments with their mobile phones. Telecoin sees their platform as a complement to existing mobile money systems that will help drive cryptocurrency adoption.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

Gulden is a Dutch cryptocurrency based on a native blockchain with a Proof-of-Work (PoW) consensus mechanism. Gulden has gained traction in the Netherlands, where it can be used to make P2P payments, as well as send funds to an IBAN account. Gulden's marketing efforts emphasize the network's security and faster transaction times. Gulden's PoW² consensus combines aspects of PoS with PoW, and allows witnesses to add transactions to blocks after they have been mined. The network is powered by the NLG coin.

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