What problem does this service solve?

NavaCoin aims to create a digital currency that will be private, cheap, eco-friendly, and fast.TransferCoin does not appear to have any significant benefits over other digital currencies.

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Company Description

NavCoin is a community-driven digital currency built on an open-source,Proof-of-Stake (PoS) blockchain. The project has an active development community, and places a strong emphasis on their user governance. NavCoin is developing a feature for its PoS consensus mechanism that will allow for cold staking. Users will be able to stake their coins while keeping them offline.

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.

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