Peercoin vs TransferCoin vs BOMB
What problem does this service solve?
Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. | TransferCoin does not appear to have any significant benefits over other digital currencies. | BOMB's goal is to be a decentralized hedge against traditional inflationary currencies. |
Token Stats
Company Description
Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE. | 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. | BOMB is an Ethereum based token that is designed to be a deflationary cryptocurrency self-destructing currency. The project is meant to be a social experiment and financial case study to determine the feasibility of a deflationary currency. There were originally 1,000,000 BOMB in circulation, and 1% of each transaction is destroyed. |