DigiByte vs TransferCoin vs ILCoin
What problem does this service solve?
DigiByte is focused on enabling faster and more secure blockchain transactions. | TransferCoin does not appear to have any significant benefits over other digital currencies. | ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts. |
Token Stats
Company Description
DigiByte is a a blockchain platform that places an emphasis on security and block speed. DigiByte has one of the fastest block speeds of any public blockchain and uses an innovative consensus protocol with 5 mining algorithms. This prevents mining centralization and also minimizes the chances of security breaches. DigiByte transactions are limited in size and scope to increase speed, efficiency, and throughput. | 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. | ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC. |