DAPS Token vs Hush vs TokenPay
What problem does this service solve?
DAPS wants to create a privacy-focused blockchain that will improve transaction times and security. | Hush uses uses zero-knowledge cryptography to allow users to send anonymous transactions and messages. | TokenPay wants to encourage wider adoption of cryptocurrency by emphasizing stronger privacy and more merchant services. |
Token Stats
Company Description
DAPS, which stands for Decentralized, Anonymous, Payment, System, is developing a privacy focused cryptocurrency. It is currently an Ethereum-based token, but they are planning on releasing their own blockchain to host the project. DAPS uses the Harpocrates protocol to allow users to send and receive DAPS tokens anonymously. DAPS was previously associated with PeepCoin project, but a disagreement between the developers of the project, ended plans for an airswap of the two privacy focused cryptocurrency projects. | Hush is a cryptocurrency and messaging protocol that is focused on privacy. It uses a the equihash mining algorithm, which is a Proof-of-Work (PoW) consensus mechanism. It offers a high degree of privacy, and allows users to transact and send messages anonymously. | 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 |