PIVX vs Grin Coin vs Bytecoin
What problem does this service solve?
PIVX is developing a cryptocurrency that is easy to spend privately and securely. | Grin's goal is to use the MimbleWimble protocol and the properties of Elliptic Curve Cryptography (ECC) to enable anonymous transactions. | 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. | Grin Coin is a community driven blockchain project that aims to create a lightweight mimblewimble blockchain that will enable anonymous transactions. Grin has a Proof-of-Work consensus mechanism. Transactions are executed while hiding addresses and amounts. | 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. |