TransferCoin

by TransferCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Bitcoin Gold

by Bitcoin Gold

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TransferCoin

by TransferCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Bitcoin Gold

by Bitcoin Gold

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What problem does this service solve?

TransferCoin does not appear to have any significant benefits over other digital currencies.Bitcoin Diamond aims to increase transaction speeds.Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin protocol.

Token Stats

Company Description

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.

Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain.

Bitcoin Gold (BTG) is a cryptocurrency that began in 2017 as a hard fork of the Bitcoin blockchain. BTG was created to reduce the monopolizing power of dedicated ASIC mining operations within the original Bitcoin network. Bitcoin Gold mining can be done by anyone with a standard computer and provides greater decentralization to the system. The hard fork that created BTG was meant to combat the disproportionate influence and competitive advantage of professional miners.

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