Beam vs DAPS Token vs Verge
What problem does this service solve?
BEAM aims to create a blockchain platform that will provide complete transaction confidentiality and can also be audited to ensure regulatory compliance. | DAPS wants to create a privacy-focused blockchain that will improve transaction times and security. | Verge is an untraceable crytpocurrency focused on everyday use. |
Token Stats
Company Description
Beam is developing a confidential cryptocurrency that uses the Mimblewimble protocol. It will have a Proof-of-Work (PoW) consensus mechanism, and will enable private transactions that can be audited for compliance purposes. | DAPS, which stands for Decentralized, Anonymous, Payment, System, is developing a privacy focused cryptocurrency. It is currently an Ethereum-based token, but they are planning on releasing their own blockchain to host the project. DAPS uses the Harpocrates protocol to allow users to send and receive DAPS tokens anonymously. DAPS was previously associated with PeepCoin project, but a disagreement between the developers of the project, ended plans for an airswap of the two privacy focused cryptocurrency projects. | Verge is a privacy focused cryptocurrency. It was formerly known as DogeCoinDark and was rebranded to Verge Currency in 2016. Verge uses multiple anonymity-centric networks such as TOR and I2P. The IP addresses of the users are fully obfuscated and transactions are completely untraceable. |