TransferCoin

by TransferCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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PLATINCOIN

by Platin Genesis DMCC.

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TransferCoin

by TransferCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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PLATINCOIN

by Platin Genesis DMCC.

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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.PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.

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.

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

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