TransferCoin vs Primecoin vs Global Currency Reserve
What problem does this service solve?
TransferCoin does not appear to have any significant benefits over other digital currencies. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | GCR's goal is to develop a blockchain platform with faster and cheaper transactions. |
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. | Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | Global Currency Reserve is a Proof-of-Stake (PoS) cryptocurrency built on a native blockchain. Its core infrastructure has similarities to Bitcoin, Peercoin, NovaCoin and BlackCoin. Global Currency Reserve's focus is on providing fast transactions times with minimal fees. |