What problem does this service solve?

PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

GCR's goal is to develop a blockchain platform with faster and cheaper transactions.

TransferCoin does not appear to have any significant benefits over other digital currencies.

Token Stats

Company Description

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

Global Currency Reserve is a Proof-of-Stake (PoS) cryptocurrency built on a native blockchain. Its core infrastructure has similarities to Bitcoin, Peercoin, NovaCoin and BlackCoin. Global Currency Reserve's focus is on providing fast transactions times with minimal fees.

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.

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PRIZM vs Global Currency Reserve vs TransferCoin

PRIZM

Global Currency Reserve

TransferCoin