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.

Pirate Chain uses enhanced cryptography and a privacy focused consensus mechanism to allow users to send digital assets anonymously.

Grin's goal is to use the MimbleWimble protocol and the properties of Elliptic Curve Cryptography (ECC) to enable 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.

Pirate Chain is a privacy focused cryptocurrency that is based on Komodo's dPoW consensus mechanism. Pirate Chain uses ZK-Snark cryptography to secure transactions that are sent on their anonymous, decentralized network.

Grin Coin is a community driven blockchain project that aims to create a lightweight mimblewimble blockchain that will enable anonymous transactions. Grin has a Proof-of-Work consensus mechanism. Transactions are executed while hiding addresses and amounts.

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Beam vs Pirate Chain vs Grin Coin

Beam

Pirate Chain

Grin Coin