TransferCoin

by TransferCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Telcoin

by Telcoin Pte Ltd

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TransferCoin

by TransferCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Telcoin

by Telcoin Pte Ltd

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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.Telcoin wants to create a blockchain-based payment system operated by telecom providers.

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.

Telcoin is an Ethereum-based cryptocurrency that will be distributed by mobile network operators. Telcoin (TEL) plans on working with national telecom operators to distribute their currency. They hope that this distribution model will provide greater financial inclusion to un-banked communities, and will encourage cryptocurrency adoption. This is a similar strategy as MPesa, the mobile payment network created by SafariCom, that uses the telecom's provider's existing infrastructure to allow users to easily make payments with their mobile phones. Telecoin sees their platform as a complement to existing mobile money systems that will help drive cryptocurrency adoption.

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