BOMB vs TransferCoin vs Global Currency Reserve
What problem does this service solve?
BOMB's goal is to be a decentralized hedge against traditional inflationary currencies. | TransferCoin does not appear to have any significant benefits over other digital currencies. | GCR's goal is to develop a blockchain platform with faster and cheaper transactions. |
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. | 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. | Global Currency Reserve is a Proof-of-Stake (PoS) cryptocurrency built on a native blockchain. Its core infrastructure has similarities to Bitcoin, Peercoin, NovaCoin and BlackCoin. Global Currency Reserve's focus is on providing fast transactions times with minimal fees. |