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.

Spectrecoin aims to create a fast, environmentally friendly cryptocurrency with a high degree of privacy and anonymity.

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.

Spectrecoin is a privacy-focused cryptocurrency with a Proof-of-Stake (PoS) consensus mechanism. Spectrecoin uses ring signatures, stealth addresses, and Tor to provide privacy and anonymity.

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Beam vs Pirate Chain vs Spectrecoin

Beam

Pirate Chain

Spectrecoin