Bitcoin vs Alibaba Coin vs TransferCoin
What problem does this service solve?
Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger. | Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier. | TransferCoin does not appear to have any significant benefits over other digital currencies. |
Token Stats
Company Description
Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank. | Alibaba Coin is a digital currency that plans to implement blockchain-based facial recognition technology that will allow users to make transactions by showing their faces to a merchant's camera. Alibaba Coin was created by a company in Dubai, and has no relation to the Chinese online retail giant. | TransferCoin is a digital currency with a hybrid PoW and PoS consensus mechanism. TransferCoin uses the X11 encryption algorithm and has a relatively fast block time. |