Primecoin vs Qtum vs TransferCoin
What problem does this service solve?
Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | Qtum is a smart contracts platform and currency protocol that combines attributes of Bitcoin and Ethereum. | TransferCoin does not appear to have any significant benefits over other digital currencies. |
Token Stats
Company Description
Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | Qtum has been described as a hybrid between Ethereum and Bitcoin. Qtum is a smart contracts platform that places a strong focus on value transfers as well as decentralized apps. Qtum enables users to create smart contracts on the platform and conduct cryptocurrency transactions. | 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. |