What problem does this service solve?

ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.

TransferCoin does not appear to have any significant benefits over other digital currencies.

ZClassic is a fork of ZCash. The key differences are that ZClassic doesn't charge miners a fee and there are no limitations to create artificial scarcity in the coin supply.

Token Stats

Company Description

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.

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.

ZClassic is a privacy focused crytpocurrency that is a fork of ZCash. ZClassic enables a high degree of privacy and anonymity of transactions.The key differences between ZClassic and ZCash are the elimination of the 20% mining fee that are allocated as a "founders' reward" and the removal of ZCash's block limit, that was intended to create scarcity.

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ILCoin vs TransferCoin vs ZClassic

ILCoin

TransferCoin

ZClassic