Nimiq vs TransferCoin
What problem does this service solve?
| Nimiq's goal is to provide an easy to use censorship resistant payment network. | TransferCoin does not appear to have any significant benefits over other digital currencies. |
Token Stats
Company Description
Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism. | 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. |
