What problem does this service solve?

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

Spectrecoin aims to create a fast, environmentally friendly cryptocurrency with a high degree of privacy and anonymity.

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.

Spectrecoin is a privacy-focused cryptocurrency with a Proof-of-Stake (PoS) consensus mechanism. Spectrecoin uses ring signatures, stealth addresses, and Tor to provide privacy and anonymity.

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 Spectrecoin vs Bytecoin

PIVX

Spectrecoin

Bytecoin