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.

PIVX is developing a cryptocurrency that is easy to spend privately and securely.

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.

PIVX is a cryptocurrency that is focused on privacy, speed, and low transaction fees. It was originally called Darknet and was forked from DASH. PIVX has a strong focus on community governance.
PIVX (Private Instant Verified Transaction) uses a privacy-centric Proof-of-Stake consensus protocol that allows anonymous staking.

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Beam vs Spectrecoin vs PIVX

Beam

Spectrecoin

PIVX