Peercoin vs TransferCoin vs MonaCoin
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. | MonaCoin is the first Japanese cryptocurrency. |
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. | 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. |