Beam vs TokenPay vs Monero
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. | TokenPay wants to encourage wider adoption of cryptocurrency by emphasizing stronger privacy and more merchant services. | Monero is a blockchain with a strong focus on privacy. It uses an obfuscated decentralized ledger to hide information about transactions. Making it completely anonymous. |
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. | TokenPay is a Proof-of-Stake (PoS) blockchain powered by the native TPAY coin. TokenPay hopes to encourage wider adoption of its cryptocurrency by focusing on privacy and merchant services that will make it easier for crypto to be widely used as a medium of exchange. TokenPay also places a strong emphasis on security and anonymity. The network's architecture uses zero-knowledge proofs, ring signatures, and other features to increase privacy. They are also developing an encrypted messaging system that allows users to communicate securely within their network secure communication interface | Monero is a decentralized public ledger protocol whose focus is on increased privacy. It was created in 2014, with the goal of establishing a privacy focused blockchain that would allow users to send and receive transactions anonymously, and not pseudo-anonymously, like Bitcoin. . |