TransferCoin vs Groestlcoin vs Bitcoin Diamond
What problem does this service solve?
TransferCoin does not appear to have any significant benefits over other digital currencies. | Groestlcoin is a highly adaptable cryptocurrency with fast transaction times and minimal fees. | Bitcoin Diamond aims to increase transaction speeds. |
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. | Groestlcoin is a blockchain payment protocol with a number of technical innovations and an active developer community. Groestlcoin was the first coin that activated SegWit and supports the Lightning Network. Transaction fees are very low and it claims to have instant payments. It is also one of the only coins that can be sent over SMS. | 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. |