What problem does this service solve?

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

BEAM aims to create a blockchain platform that will provide complete transaction confidentiality and can also be audited to ensure regulatory compliance.

Bytecoin is a decentralized blockchain platform whose primary focus is privacy.

Token Stats

Company Description

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.

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.

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.

Ratings

Overall	4/5 (1)	(0)	5/5 (2)
Will this currency still be used in 10 years?	4/5		5/5
How scalable is this currency?	4/5		5/5
How adaptable is this currency to the changing needs of the market?	4/5		5/5
How effective is this currency as a medium of exchange?	5/5		4/5
How effective is this currency as a store of value?	4/5		5/5

PIVX vs Beam vs Bytecoin

PIVX

Beam

Bytecoin