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.

Quantum Resistant Ledger uses advanced cryptographic methods to create a more secure blockchain for large scale businesses.

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.

Quantum Resistant Ledger is developing an enterprise blockchain platform that is designed to be secure against an attack from quantum computers. The Quantum Resistant Ledger (QRL) implements a more secure type of cryptographic signatures call XMSS. The network has a Proof of Stake consensus mechanism.

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Sphere vs TransferCoin vs Quantum Resistant Ledger

Sphere

TransferCoin

Quantum Resistant Ledger