Beam vs DigitalNote vs Bitcoin Private
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. | DigitalNote aims to enable private transactions and messages . | Bitcoin Private allows for anonymous transactions. |
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. | DigitalNote is developing a privacy focused blockchain whose transactions will be resistant to analysis. The network will have a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism and will be powered by the native XDN coin. | Bitcoin Private is a community-driven fork of the Bitcoin protocol. It is somewhat unique in that it was created as a result of a privacy-focused co-fork of Bitcoin and ZClassic. Coins were distributed on a 1:1 basis to BTC and ZCL holders. Bitcoin Private (BTCP) uses the same privacy technology as ZClassic (zk-snarks). Transactions are published on a public blockchain, but the sender, recipient and other transactional metadata remain anonymous. Bitcoin Private has a larger block size, and enables anonymous transactions that are more secure than the original Bitcoin protocol. |