Lightning Bitcoin vs TransferCoin vs NEM
What problem does this service solve?
Lightning Bitcoin's goal is to create a faster, and more scalable, decentralized payment network. | TransferCoin does not appear to have any significant benefits over other digital currencies. | NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. |
Token Stats
Company Description
Lightning Bitcoin is a cryptocurrency protocol with a DPoS consensus mechanism. It is a hard fork of Bitcoin that was created with the goal of improving transaction speeds and scalabilty. Lightning Bitcoin's on-chain governance system enables LBTC holders to vote for the blockchain improvement proposals and the delegates who maintain the network as Lightning Nodes. Lightning Bitcoin is not related to the Lighting Network, which is an off-chain protocol built on the Bitcoin blockchain. | 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. | NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. |