Ripple

by Ripple Labs

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FREE Coin

by FREE Coin

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BitcoinDark

by BitcoinDark

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Ripple

by Ripple Labs

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FREE Coin

by FREE Coin

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BitcoinDark

by BitcoinDark

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What problem does this service solve?

Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.FreeCoin claims to be a more inclusive cryptocurrency but their marketing materials do not show any unique offerings.This is a fork of Bitcoin with a poorly defined purpose and vision.

Token Stats

Company Description

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

FREE Coin is an Ethereum-based token with a focus on being inclusive and encouraging cryptocurrency adoption. Their goal is for the token's price to increase in value, until its price is close to the USD. FREE Coin's site does not provide any details about their development plan or what specific advantages their network will provide.

BitcoinDark is a fork of Bitcoin with a poorly defined purpose and use case. BitcoinDark is based on the InstantDEX protocol, a decentralized exchange for BitcoinDark and other cryptocurrencies supported by the project. The platform is also supposed to include a Pegged Asset Exchange (PAX) to allow users to buy and sell pegged assets – including fiat currencies, commodities, ETFs, and stocks.
BitcoinDark is a Proof-of-Stake (PoS) currency that has gained a significant market cap, but the project has failed to show how its vision will be implemented or how it will add value compared to other blockchain projects.

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