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.

Loki will allow users to transact and communicate privately, and anonymously, over the internet.

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.

Loki is developing a privacy-focused blockchain that will enable private transactions and decentralized communication. The Loki blockchain will be complemented by Lokinet and SNApps. Lokinet will use onion routing to allow users to access the internet privately without revealing their IP address. SNApps are web applications that will be located inside the Lokinet, and will be resistant to censorship. The Loki network is powered by the LOKI coin. It has a Proof-of-Work (PoW) consensus mechanism. Service nodes, on the network, are paid to process transactions and route the network's traffic and messages.

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Beam vs Pirate Chain vs Loki

Beam

Pirate Chain

Loki