TransferCoin

by TransferCoin

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PRIZM

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Ravencoin

by Ravencoin

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TransferCoin

by TransferCoin

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PRIZM

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Ravencoin

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What problem does this service solve?

TransferCoin does not appear to have any significant benefits over other digital currencies.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.Ravencoin wants to create a blockchain that will improve the tracking of digital asset ownership.

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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.

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

Ravencoin is a blockchain created by the owner of Overstock.com. It is a use case specific blockchain for the declaration of ownership of digital assets. Ravecoin is a fork of Bitcoin, and was originally funded by Medici Ventures, a blockchain investment fund owned by Overstock.com.
Ravencoin's name is inspired by the use of Ravens in sending messages, and its blockchain is designed to carry statements of truth about who owns what asset. The developers created a new consensus algorithm called x16r to solve the problems of centralized ASIC mining. The algorithm is unique in that it consists of 16 different hashing algorithms whose order are randomly changed.

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