BOMB vs PLATINCOIN vs TransferCoin
What problem does this service solve?
BOMB's goal is to be a decentralized hedge against traditional inflationary currencies. | 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
BOMB is an Ethereum based token that is designed to be a deflationary cryptocurrency self-destructing currency. The project is meant to be a social experiment and financial case study to determine the feasibility of a deflationary currency. There were originally 1,000,000 BOMB in circulation, and 1% of each transaction is destroyed. | 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. |