Decred vs Primecoin vs TransferCoin
What problem does this service solve?
Decred is a decentralized currency with a strong emphasis on community participation. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | TransferCoin does not appear to have any significant benefits over other digital currencies. |
Token Stats
Company Description
Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform. . | Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | 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. |