TransferCoin

by TransferCoin

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CROWN

by Crown

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Bitcoin Cash

by Bitcoin Cash

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TransferCoin

by TransferCoin

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CROWN

by Crown

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Bitcoin Cash

by Bitcoin Cash

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What problem does this service solve?

TransferCoin does not appear to have any significant benefits over other digital currencies.Crown is a European focused cryptocurrency.Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain on August 1st, 2017. Anyone who had bitcoin at that time became the owner of the same number of Bitcoin Cash.

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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.

Crown is a cryptocurrency and development platform with a Proof-of-Work (PoW) consensus mechanism, and an emphasis on community governance. It combines some of the technical capabilities of Bitcoin and Dash. It is currently merge mined with Bitcoin, but is developing a new consensus model called Crown Atomic.

Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the original Bitcoin blockchain that took place in 2017. Due to the open source nature of the Bitcoin protocol, and the lack of a central governing body to resolve disputes, the Bitcoin community became extremely divided about what to do about rising fees and slow transaction times. As the platform's transaction volume increased, and the associated fees to confirm them also increased dramatically, many people began advocating for a larger block size.
In mid 2017, a group of developers introduced segregated witness technology, or SegWit, that was designed to increase Bitcoin's scalability by moving some transaction details off of the blockchain. Segwit was meant to resolve the issues that revolved around the growing amount of transaction data, but many members of the Bitcoin community felt that it undermined the original vision outlined by Satoshi Nakamoto.
On August 1, 2017, they initiated a hard fork of the protocol that created Bitcoin Cash and implemented an increased block size of 8mb. At the time of the fork, bitcoin holders automatically became owners of the same number of Bitcoin Cash units. The increased block size led to faster transaction times and made Bitcoin Cash easier to use as a medium of exchange.

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