Decred vs TransferCoin vs Bitcoin Gold
What problem does this service solve?
Decred is a decentralized currency with a strong emphasis on community participation. | TransferCoin does not appear to have any significant benefits over other digital currencies. | Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin protocol. |
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. . | 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. | Bitcoin Gold (BTG) is a cryptocurrency that began in 2017 as a hard fork of the Bitcoin blockchain. BTG was created to reduce the monopolizing power of dedicated ASIC mining operations within the original Bitcoin network. Bitcoin Gold mining can be done by anyone with a standard computer and provides greater decentralization to the system. The hard fork that created BTG was meant to combat the disproportionate influence and competitive advantage of professional miners. |