Peercoin vs TransferCoin vs Diamond
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. | Diamond aims to create a digital currency with less price volatility through scarcity. |
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. | Diamond (DMD) is a Proof-of-Stake coin focused on scarcity. Their marketing materials emphasize the limited circulation of the coin, and the benefits of the network's incentivized cloud mining system, which rewards users for contributing their computing resources. |