Unobtanium

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Nimiq

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ZCoin

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Unobtanium

by Unobtanium

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Nimiq

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ZCoin

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What problem does this service solve?

Unobtanium is designed to be a commodity coin that will be a long term store of value.Nimiq's goal is to provide an easy to use censorship resistant payment network.ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity.

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Company Description

Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin.

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.

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.
Zcoin was the first cryptocurrency to use a Merkle Tree Proof (MTP) as its proof of work algorithm. Merkle Tree Proofs are an innovative solution to achieving network consensus, and can increase transaction time while reducing the centralizing tendency of ASIC mining.

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