Monero vs Bytecoin vs Haven Protocol
What problem does this service solve?
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. | Bytecoin is a decentralized blockchain platform whose primary focus is privacy. | Haven aims to develop a decentralized ecosystem that will accommodate multiple private, price-stable currencies. |
Token Stats
Company Description
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. . | Bytecoin is a privacy focused blockchain that aims to be completely anonymous. It is the first digital currency based on CryptoNote technology and uses ring signatures. Bytecoin utilizes one-time addresses and multi-signatures to enhance security. Bytecoin has high transaction speeds and users are in complete control their personal information. Any identifiable details can only be seen if you allow it. Bytecoin, and CryptoNote, have led to several popular forks. Monero and Dash are both Bytecoin forks. The CryptoNote Proof-of-Work (PoW) algorithm was designed to provide ASIC resistance and enables anyone with a personal computer to mine it. | Haven is developing a blockchain-based ecosystem of multiple decentralized coins. The Haven protocol places an emphasis on privacy and price-stability, and like Monero, is based on the CryptoNote protocol. Haven has a Proof-of-Work (PoW) consensus mechanism that is AISC-resistant, and has a dynamic block size. The platform is powered by the XHV coin. |