TransferCoin

by TransferCoin

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CROWN

by Crown

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Ripple

by Ripple Labs

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TransferCoin

by TransferCoin

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CROWN

by Crown

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Ripple

by Ripple Labs

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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.Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.

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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.

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

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