Bitcoin Interest vs PLATINCOIN vs TransferCoin
What problem does this service solve?
Bitcoin Interest aims to reduce price volatility in cryptocurrency markets by paying BCI holders weekly and monthly interest. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. | TransferCoin does not appear to have any significant benefits over other digital currencies. |
Token Stats
Company Description
Bitcoin Interest is a fork of the Bitcoin protocol that pays coin holders interest. Bitcoin Interest (BCI) allows users to securely earn interest payments without ever moving coins from their wallets. Bitcoin Interest's developers believe that paying interest, weekly or monthly, on inactive crypto-funds can benefit the entire cryptocurrency market by reducing volatility. | PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins. | 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. |