What problem does this service solve?

TransferCoin does not appear to have any significant benefits over other digital currencies.Not provided by vendor

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.

FairCoin

FairCoin is based on an innovative blockchain technology, which has been changed in July 2017 from a 'Proof-of-Stake' protocol to a 'Proof-of-Cooperation' (PoC) mechanism. Our currency not only requires less energy and enables faster transactions, but also introduces a certain level of trust and democratic values even on the technical level. Here you find the White Paper and more information about PoC and our FairChains project.

With the support of FairCoop, FairCoin implements fair value exchange on a global level. Our innovative Proof-of-Cooperation (PoC) blockchain mechanism is the unique consensus algorithm developed for FairCoin. It requires much less energy than other blockchains but also enables faster transactions. We are proud that FairCoin now is the the most ecological and resilient cryptocurrency.

Ecological
Very low power consumption for transaction control

Safe
Cooperatively validated nodes (CVNs, see FAQs)

Fast
Transaction visible in seconds,
confirmation max 3 minutes

Ethical
Supports fair business values

Strong
Strong and growing support from cooperatives worldwide

Controlled growth
Official price is 1 FAIR = 1,20 Euro (see our 'slow' price adoption strategy)

Vibrant
Strong community with daily online collaboration & regular local node meetings

Visit FairCoop's marketplace to
buy goods with FairCoin online
with joint delivery service.

FairMarket

Map of FairCoin nodes
and merchants in
several countries worldwide.

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