QChi

by Qchi

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TransferCoin

by TransferCoin

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Decred

by Decred

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QChi

by Qchi

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TransferCoin

by TransferCoin

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Decred

by Decred

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What problem does this service solve?

Qchi does not appear to solve any problems that are not being addressed by other projects.TransferCoin does not appear to have any significant benefits over other digital currencies.Decred is a decentralized currency with a strong emphasis on community participation.

Token Stats

Company Description

QChi is an Ethereum-based token with no clear benefits. Their marketing materials do not provide any specific information about their roadmap or what advantages it offers compared to other cryptocurrencies.

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.

Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform.
Decred has a hybrid Proof-of-Activity (PAC) consensus algorithm that combines the mining of Proof-of-Work (PoW) with the stake verifying model of Proof-of-Stake (PoS). It's designed to incentivize the community to participate and to reward both miners and stake verifiers. When DCR is mined, PoW miners receives 60% of the coins, PoS voters receive 30%, and 10% goes towards the development of the Decred platform.

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