VERGE

WHAT IS VERGE?
Verge is open source project. Verge is a cryptocurrency designed for people and for everyday
use. It improves upon the original Bitcoin blockchain and aims to fulfil its initial purpose of
providing individuals and businesses with a fast, efficient and decentralized way of making
direct transactions while maintaining your privacy.
WHEN AND WHO PROMOTED VERGE?
There is no company behind Verge. The community is the power and the fuel for
development and future as well. Verge Currency was created in 2014 under the name
DogeCoinDark. On the 15th of February 2016, DogeCoinDark re-branded to Verge. This is
the new ticker (XVG). They have only changed the name, no technology was affected by this.
The coin, the blockchain and the people have stayed the same.
HOW DOES VERGE WORK?
Verge uses multi-algorithm mining support. That means that individuals with different types
of mining equipment are able to mine verge, which means more security through
decentralization and a more fair distribution of coins among Verge’s mining community.
Verge is one of the few cryptocurrencies that support five different hashing algorithms;
Namely, Scrypt, X17, Lyra2rev2, myr-groestl and blake2s.
WHAT PROBLEMS DOES VERGE SOLVE?
Verge, the cryptocurrency that main focus is on privacy and anonymity in financial
transaction. Verge has a transparent ledger that allows anyone to view all of its transactions,
but protects user identities and locations by integrating both Tor and I2P to not expose IP
addresses
NEWS
https://suzuri.jp/verge  now accepts $XVG for their products!
Menke IT-Services in #Germany Accepts $XVG for their services!
http://www.quantvmstick.com/  Accepts $XVG for their products and services
https://twitter.com/vergecurrency?lang=en
BITDEAL
WHAT IS BITDEAL?
Bitdeal is a digital currency that allows two willing parties to conduct safe and private
transactions anywhere around the world. Bitdeal (BDL) coin as a digital currency that allows
for safer and private transaction for everyone around the globe. The BDL aims at providing
professional exchange facilities and trading within the law. With strong legal protection and
technology for financial assets, Bitdeal is the true meaning of value. Bitdeal ecosystem is
launching tools for private investors and regular users in the global marketplace as well as for
financial institutions and institutional investors. Bitdeal plans to bring global payment system
closer than ever to investors and users.
WHEN AND WHO PROMOTED BITDEAL?
Bitdeal started up in the year 2015.
HOW DOES BITDEALWORK?
 Bitdeal is written in a Turing complete Language as opposed to other cryptocurrencies such
as Bitcoin.
WHAT PROBLEMS DOES BITDEAL SOLVE?
 The powerful interface enables traders to deploy and have a smooth trading experience
which is extremely safe for bitcoin business. Bitdeal main ideas include sharing economy and
cryptocurrency. While other coins facilitate cash transactions, Bitdeal is based on contract
mechanism.
NEWS
Bitcoin Price Briefly Hits $5,920 Before Minor Correction; Factors For Another Rally
Oct 13
https://blog.bitdeal.co/bitcoin-price-briefly-hits-5-920-before-minor-correction-factors-for-
another-rally-ba429e8adee4
WHAT IS VECHAIN?
Only the chain want to use blockchain technology to construct a can not only self-cycle, but
also can be extended to the outside of the trusted distributed business ecosystem
WHEN AND WHO PROMOTED VECHAIN?
Shanghai-based Blockchain-as-a-Service (BaaS) company, BitSE, launched VeChain, a cloud
product management platform built on a blockchain
HOW DOES VECHAIN WORK?
VeChain focuses on four areas: anti-counterfeiting, supply chain management, asset
management and client experiences. 
WHAT PROBLEMS DOES VECHAIN SOLVE?

They Are Transparent And Efficient

Vechain believes in giving clients quality services that even go beyond their expectations.
They believe in giving their clients the best services, and that is why they have put in place
very concrete structures that foster efficiency and transparency. The company is very open to
all their clients and don’t do things in secret. They ensure that they consult their clients on a
regular basis to ensure that they give them quality services.

They Have Branches Across The World

Vechain has braches all over the world. The main aim is to bring their services closer to their
clients. The company has grown very fast because it has always delivered to their client’s
quality products and information. The ever increasing demand for their services has prompted
the company to expand and open branches all over the world to serve their ever increasing
client base.

Experienced And Highly Skilled Staff

Vechain takes pride for having one the best staff in the industry. Their staff members are not
only well skilled but they are also experienced. They work for more than the normal hours to
ensure that they are able to meet the current problems facing the market. They usually
conduct various adjustments on their system to ensure that they address and satisfy the needs
of their customers.
NEWS
PwC makes first blockchain investment, in VeChain sub of China’s BitSE
MAY 21, 2017

https://www.leaprate.com/cryptocurrency/blockchain/pwc-first-blockchain-investment-
vechain-china-bitse/
Z COIN

WHAT IS ZCOIN?
Zcoin is an implementation of the ZeroCoin Protocol, designed to be the world’s most private
cryptocurrency protocol. One of the key innovations of the ZeroCoin Protocol is its use of
Zero Knowledge Proofs, which guarantee complete financial privacy anonymity.
How Does Zcoin Work?
Zcoin improves the privacy of bitcoin’s protocol in the following core ways:
Minting: Zcoin uses ZeroCoin technology that allows users to “mint” a coin found on the
public ledger into a private coin.
Spending: When you need to spend your minted coin, you don’t need to reveal your identity.
The owner of a minted Zcoin does not need to be revealed to complete a transaction.
Repeat: The process of minting and spending a coin can be completed as many times as you
want, ensuring complete privacy.

WHO AND WHEN FOUND ZEROCOIN?

Zcoin was proposed by Johns Hopkins University professor Matthew D. Green, along with
graduate students Ian Miers and Christina Garman. The team proposed Zcoin as an extension
to the bitcoin protocol, adding true cryptographic anonymity to bitcoin transactions.
Zcoin, released in October 2016,

HOW DOES IT WORK?

Zcoin has implemented the Zerocoin Protocol, one of the most groundbreaking academic
developments in Bitcoin research. The Zerocoin Protocol uses Zero-Knowledge proofs to
guarantee complete financial privacy and anonymity. With Zcoin, the anonymity set is on a
dramatically higher magnitude. Instead of having an anonymity set limited to the few
hundreds, Zcoin has an anonymity set that encompasses all “minted coins” in the Zcoin
system.

ADVANTAGES OF ZCOIN
Zcoin was the first cryptocurrency to implement MTP, something they achieved in
2017.MTP is often proposed as a way to deal with that problem. It allows a memory hard
proof of work to be used while remaining very lightweight and quick for nodes and miners to
verify.
Zerocoin also uses features like Znodes (incentivized nodes for Zerocoin processing) and the
Sigma Protocol (which allows for trustless setup). 
Zcoin uses zero knowledge proofs by making a zero knowledge cryptographic statement.
When someone receives a Zerocoin digital token, that person only knows that “X” amount of
money was sent to their wallet. There’s no other information attached to the transaction. So
unlike bitcoin, there’s no wallet address or other information exchanged between the sender
and receiver, or even any attached transaction history. With Zerocoin, transactional history is
completely removed.
NEWS

BitDegree Teams up with Zcoin to Develop Cryptography Course

November 16, 2017
http://www.the-blockchain.com/2017/11/16/bitdegree-teams-zcoin-develop-cryptography-
course/
Zcoin Introduces ‘Znode’ Masternode System and New Reward Model

November 14, 2017

https://bitsonline.com/zcoin-znode-system-reward-model/?
utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare
GULDEN

WHAT IS GULDEN?
Gulden (NLG) is a digital currency that focusses on the end-user. Usability is one of the most
important aspects, so everything is built with the end-user in mind. From the apps to the
development of its blockchain, everything is made to offer a smooth and enhanced experience
of the technology.

WHO FOUNDED IT AND WHEN?

Gulden is an alternative cryptocurrency which was founded in The Netherlands on April 8th
2014. It was originally called Guldencoin. In October 2015 the word “coin” was dropped and
the name Gulden remained as the new and final name. Rijk Plasman is the founder of Gulden.

HOW DOES IT WORK

Gulden uses blockchain technology to improve financial systems, speed up transactions and
offer a cost-effective solution to all things finance. Our software is open source, meaning you
can implement Gulden in your own software and build tools and services that help
accomplish our goal; creating a stable and blockchain-based financial system built on a
trustless and permissionless network that connects with all our financial needs.
WHAT ARE THE THREE MAIN ADVANTAGES OF GULDEN USERS?
1. A reliable and fast transaction network
2. Great apps that continue to improve in usability, quality and design
3. An active support community to help and welcome users into the world of decentralised
currency.
NEWS
 Altcoin Gulden Set To Implement PoW² In July: Leading Developer
JUN 01, 2017
https://cointelegraph.com/news/altcoin-gulden-set-to-implement-pow%C2%B2-in-july-
leading-developer
Nocks, Gulden Drop Bitcoin Support, Cite Bad Reputation and Slow Transactions
FEB 16, 2017
https://cointelegraph.com/news/nocks-gulden-drop-bitcoin-support-cite-bad-reputation-and-
slow-transactions
NAVcoin

WHAT IS NAV COIN?

Nav Coin is a decentralized cryptocurrency based on the latest version of Bitcoin Core. On
top of a solid foundation, Nav Coin supports SegWit functionality, and easy to use wallets
which are packed with advanced privacy features.

WHO CREATED IT AND WHEN

Created June 2nd, 2014 as SummerCoinV2 then Rebranded to Nav Coin. The Nav team is
located in Auckland, New Zealand and the majority of the team members are from the
University of Auckland. Nav is a project of Encrypt S Limited, which is a company that
provides blockchain products and services. The lead developer, Craig MacGregor, is the CEO
of this company.

HOW DOES IT WORK?

Unlike Bitcoin and other coins, NAV Coin (NAV) is one of the first crypto currency that is
completely anonymous. Based on NAV Tech, the company’s own mixture of Bitcoin
blockchain and the Subchain, Nav Coin transactions are scrambled and randomized to make
sure that they are completely unidentifiable. The link between who sends the money and who
receives, along with their IP’s and tracking info, are destroyed completely. Coupling this
characteristic with the use of TOR, it’s possible to spend Nav Coins in complete privacy and
safety. This hybrid Proof of Stake / Proof of Work cryptocurrency uses 13 hash functions to
make sure that your transactions are not only anonymous, but also that it constantly works in
an unbreakable environment

ADVANTAGES

Utilizes Dual Blockchain Technology (NavTech)

Nav runs on two blockchains (called the sub chain) which is used to break any link or
relationship between the sender and receiver when sending payments.
This technology allows the users to send optional anonymous payments through their wallet.
When sending a payment, you have an option to choose between a normal payment and an
anonymous payment.

Segwit Activated
 This provides a lot of benefits to the coin, but the biggest one being that Nav is now able to
run Lightning Network whenever it becomes ready to use.
The other major benefit of Segwit is that it is now possible run smart contracts on the Nav
platform. This opened up a huge opportunity and paved the way for ADapps 
NEWS
NavPay Public Beta Launched
November 8, 2017
https://navcoin.org/news/
Nav Coin SegWit Signalling Start
May 1 2017
https://cointelegraph.com/tags/nav-coin
UBIQ

WHAT IS UBIQ?
Ubiq is a decentralized platform which allows the creation and implementation of smart
contacts and decentralized applications. Built upon an improved ethereum codebase, the Ubiq
blockchain acts as a large globally distributed ledger and supercomputer, allowing developers
to create decentralized and automared solutions to thousands of tasks which today are carried
out by third party intermediaries.

WHEN AND WHO STARTED UBIQ

Ubiq was created by Julian Yap, Luke Williams, and Kris Hansen. Julian is experienced in
blockchain technology and contributed to major industry projects like Bittrex (over 100 coin
code reviews), Blocktech, and Decred.
HOW DOES UBIQ WORK?
Ubiq has released its own token called the UBQ. The coin is traded on exchanges like Bittrex
and Cryptopia. It currently has a market cap of around $74,876,492, or around 27,000 BTC.
Ubiq’s monetary policy involves block rewards that start at 8 and decrease by 1 yearly until
they reach a minimum of 1 UBQ per block.
WHAT MAKES THE UBIQ PLATFORM DIFFERENT?
Ubiq was the first Ethereum fork that brought about consensus level changes in the form of
brand new code. Some of the unique features of the platform include:
Flux Difficulty Algorithm:
This is one of the key innovations of the Ubiq network. Other Ethereum forks have been
attacked because they did not have an adequate difficulty algorithm that was able to
dynamically adjust to hash rate. Ubiq solves that problem with its flux difficulty algorithm.
The algorithm allows for difficulty retargeting with every block.
Exponentially Subjective Scoring:
Exponentially subjective scoring is an optional flag for services like exchanges and pools to
calculate during any adverse network conditions including forks. Ubiq’s developers claim
that this protection exponentially reduces the window during which a double spend can take
place. This also provides seamless consensus of nodes on the “longest” chain
NEWS
ubiqsmart has successfully launched a $BEER token
8 Nov, 2017
https://twitter.com/CoreRenewal/status/928371580379447296
Ubiq on the Ledger hardware wallet
https://blog.ubiqsmart.com/ubiq-on-the-ledger-hardware-wallet-a2e17d050a1b
REDDCOIN

WHAT IS REDDCOIN?
Zcoin uses zero knowledge proofs by making a zero knowledge cryptographic statement.
When someone receives a Zerocoin digital token, that person only knows that “X” amount of
money was sent to their wallet. There’s no other information attached to the transaction. So
unlike bitcoin, there’s no wallet address or other information exchanged between the sender
and receiver, or even any attached transaction history. With Zerocoin, transactional history is
completely removed.

ADVANTAGES ::
Zero transaction fees
Huge circulation (will be around 28 billion) which should keep the per coin value low
Been around for a while
NEWS
SKYCOIN
WHAT IS SKYCOIN
Skycoin, the third-generation cryptocurrency of alternative P2P project Skywire, announces
several updates, including a new mobile wallet, new logo and site revamp to reflect its ever-
evolving branding and design. Approaching its fifth year of development, Skycoin continues
to pursue a “new Internet” under an overarching goal to implement Bitcoin’s original vision
and address its underlying problem
WHO STARTED IT AND WHEN
The coin was launched all the way back in December 2013. Today, it’s worth about $3 to $4
per token.

HOW DOES SKYCOIN WORK?

Skycoin is coded from scratch in Golang. The coin was designed to solve one of bitcoin’s
biggest problems: the currency was designed to be decentralized over an enormous network
of computers. However, today’s bitcoin network is controlled by three major mining pools.
It’s no longer decentralized, and these mining pools have significant control over the future
of bitcoin.

ADVANTAGES OF SKYCOIN

Skycoin emphasizes all of the following features:

 Speed: Skycoin is designed with speed in mind. The protocol was built to compete
with credit cards and other instant online payment options. Transactions occur in
seconds, not minutes.
 Privacy: It’s impossible to trace transactions with Skycoin. Skycoin mixes
transactions from multiple wallets to increase privacy using the CoinJoin protocol.
 Security: Skycoin is more secure because it does not rely upon the good will of
miners. There’s no possibility of a 51% attack because there’s no mining.
 Ecosystem: Skycoin is building a rich ecosystem of real world applications on top
of Skycoin called the Skywire Network. The first applications, scheduled to launch
in Q3 2017, will include messaging, social media, and VPN apps.

NEWS

Third Generation cryptocurrency skycoin announces updates.

2 nov 2017
https://www.cryptocoinsnews.com/third-generation-cryptocurrency-skycoin-announces-
updates/

SIBCOIN

WHAT IS SIBCOIN?

Sibcoin is a cryptocurrency. Just like conventional currencies are used in the exchange of
goods and services, so is Sibcoin. The coin is transferrable from one user to another through
digital wallets which have specific addresses.

WHO AND WHEN

Developed back in 2015 by a group of Russian residents
WORKING OF SIBCOIN

Sibcoin, on the other hand, uses the Stribog algorithm to make the whole system ASIC-
resistant while using Dash’s X11 algorithm. For this reason, Sibcoin mining is currently
possible only with GPUs. This guarantees a greater degree of decentralization.

BENEFITS OF SIBCOIN

It Upholds User Privacy

Users can go about their transactions using Sibcoin with ultimate confidence that no

information will be disclosed. How does Sibcoin enhance privacy? This currency uses three
elements which act as the instruments for effecting privacy. The elements are RingCT, ring
signatures, and stealth addresses. The RingCT feature conceals transaction details. The
sending address is concealed by the ring signatures, while the receiving address is concealed
by the stealth addresses. This helps to keep your payment private so that nobody can track
you.

It Is A Convenient Mode Of Payment

Sibcoin comes in handy in the exchange of goods and services. It can be used to make both
micro and merchant payments via websites and many online platforms. It facilitates these
payments in an approach that upholds speed, security, and confidentiality of users. It uses a
technology known as instantX that allows members to send or receive payments instantly.
This means that you can trade at your own convenience because the platform is automated,
fast, and reliable.
Use Brings Rewards

When the coin is in demand, the value of every coin is deemed to rise, too. As a result, a
person who acquires and sells this coin stands high chances of getting rewards. When you sell
your coins when they are in demand, you will get to benefit because you will get high
rewards.

Low Fees

Sibcoin will not only give you high returns, but also comes with low fees when compared to
that charged by banks or credit cards. In fact, is some cases, you will not be charged any fees
at all, meaning that all that you need think of is how you will trade to get more money. This
platform has been created to help you make more money as opposed to charging you huge
fees.

Decentralized

This platform uses peer to peer connection, a decentralized communication model in which
both parties have the same capabilities and both parties can initiate communication sessions.
This is very important because unlike the client server model in which the client makes a
request and has to wait for the server to fulfill it, the peer to peer model that this platform
uses allows each node to function as both the client and the server. It allows users to control
the parameters of operation. It also allows users to control the number of users to connect at
one single time, what services to offer, as well as what to avoid.

It Is Global

Sibcoin is a global platform that allows members to send and receive money worldwide. The
fact that you can trade with people from all corners of the globe means that you will have
endless opportunities to interact and make lucrative deals.

It Is Secure

The security of members is always a big concern and that is why Sibcoin has put excellent
security measures in place to ensure that the security of all members is well protected. Just to
ensure that the investments of all their members are well protected, Sibcoin uses advance
encryption and a 2 tier network for complete security. The 2 tier network is an internet
service that operates with other networks to ensure that only authorized members gain access
to the network.

NEWS
Dash-Forked Cryptocurrency Sibcoin Gets Integrated in Moneypolo
JULY 7TH, 2017
https://www.coinspeaker.com/2017/07/07/dash-forked-cryptocurrency-sibcoin-gets-
integrated-moneypolo/
Rubycoin
What is it?
RubyCoin is another precious gemstone coin - like Emerald or Diamond (EMD - DMD). The
coin is a scrypt algorithm based currency with an average block time of 90 seconds and
difficulty retargetting every block. The maximum supply is limited to 60 million, and the
block reward halves each month for the first five months from 500 RBY to 50 RBY. There
was a premine of 2% for bounties etc..
Why you can trust Rubycoin?

Rubycoin network has different features that make performing tasks on the platform easier. 
Some of the features found in Rubycoin platform include:

 Decentralized: Rubycoin network is a decentralized network, which means there is

no governance, bank or company in charge of the network, transactions or its platform.
 Privacy: when signing for Rubycoin, your name, addresses or other personal
information are not linked to your Rubycoin addresses. All your personal information
is kept secret from the public.
 Low inflation: Rubycoin network has one of the lowest inflation rates, which mean
the network provides favorable economic conditions of its users.
 Secure: no one wants to use a platform or network that is not secure. With network
consensus and strong encryption, Rubycoin maintains a secure ledger for the benefit of
users.
 Energy efficient: Rubycoin has a small amount of energy that keeps the network
secure. Is it eco-friendly and the most energy efficient platforms than other
cryptocurrency platforms available.
COUNTERPARTY
WHAT IS COUNTERPARTY
Counterparty is built on the Bitcoin blockchain. It is a decentralized platform for creating and
exchanging custom tokens. It also has decentralized smart contracts.
WHO FOUNDED AND WHEN

1. Robby Dermody: Co-founder of Counterparty and created Counterwallet. He has

18+ years of professional experience with software development, system
administration, sales, operations, professional services, and entrepreneurship.
2. Adam Krellenstein: Co-founder of Counterparty. Lead developer and chief architect
of the Counterparty protocol.
3. Evan Wagner: Co-founder of Counterparty.

The Counterparty Foundation is an independent, non-profit organization dedicated to

fostering the growth and open development of the Counterparty platform

HOW DOES IT WORK

Counterparty doesn’t have its own blockchain. It uses Bitcoin’s blockchain. So XCP
transactions are fundamentally Bitcoin transactions with some more data embedded onto
them.

But only Counterparty clients can identify this extra embedded data.

When you do an XCP transaction, by default, there is a fee. This fee is in Bitcoin as the
Bitcoin blockchain verifies the transactions and ties it to XCP.

When miners mine the Bitcoin transaction fee, the Counterparty client reads it as a
confirmation and XCPs are transferred from one place to another.

Counterparty clients (or nodes) are designed to read both BTC and XCP. Counterparty uses
this to maintain its own ledger for XCP transactions

ADVANTAGES

Counterparty Wallets
Secure, fast, and user-friendly web, browser and mobile wallets that provide all the power of
Counterparty.

Bitcoin-Aware
Counterparty smart contracts are Bitcoin aware and can also interact directly with
Counterparty tokens.

Lightning Network
Currently under development, payment channels support will allow rapid exchange of assets
and are compatible with the Lightning Network.
Asset Creation
Custom named assets can be created for a small anti-spam fee and numerical assets are free to
create.

Decentralized Exchange
Exchange assets trustlessly using the Counterparty’s DEx (Decentralized Exchange).

Secure & Open Source

All Counterparty software is open source and has been formally reviewed by several well-
known Bitcoin security experts since it’s release in January 2014.

NEWS

Bitcoin to Gain Ethereum’s Functionality Through Counterparty, Launch by Autumn

https://cointelegraph.com/news/bitcoin-to-gain-ethereums-functionality-through-
counterparty-launch-by-autumn

Counterparty to Convert Card Game Players into Bitcoin Users

https://cointelegraph.com/news/counterparty-to-convert-card-game-players-into-bitcoin-users