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.

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

Dero's goal is to create a blockchain with improves encryption and security.

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.

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.

Dero is developing a Proof-of-Work (PoW) blockchain with a DAG block structure. Their goal is to enable anonymous and fast transactions, with a high degree of encryption. The platform will also have smart contract functionalities.

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Beam vs Spectrecoin vs Dero

Beam

Spectrecoin

Dero