What problem does this service solve?

Sphere's goal is to create a digital currency with a fair distribution model.

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

BOMB's goal is to be a decentralized hedge against traditional inflationary currencies.

Token Stats

Company Description

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

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.

BOMB is an Ethereum based token that is designed to be a deflationary cryptocurrency self-destructing currency. The project is meant to be a social experiment and financial case study to determine the feasibility of a deflationary currency. There were originally 1,000,000 BOMB in circulation, and 1% of each transaction is destroyed.

Ratings

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Sphere vs TransferCoin vs BOMB

Sphere

TransferCoin

BOMB