MonaCoin vs BlackCoin vs TransferCoin
What problem does this service solve?
MonaCoin is the first Japanese cryptocurrency. | BlackCoin does not appear to provide any unique advantages compared to other digital currencies. | TransferCoin does not appear to have any significant benefits over other digital currencies. |
Token Stats
Company Description
MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. | BlackCoin is a Proof-of-Stake (PoS) cryptocurrency created in 2014. Users are rewarded for staking their coins to secure the network. BlackCoin's staking rewards vary between 1% to 8% per year. | 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. |