TransferCoin

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Unobtanium

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ZCoin

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TransferCoin

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Unobtanium

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ZCoin

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What problem does this service solve?

TransferCoin does not appear to have any significant benefits over other digital currencies.Unobtanium is designed to be a commodity coin that will be a long term store of value.ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity.

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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.

Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin.

ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed.
Zcoin was the first cryptocurrency to use a Merkle Tree Proof (MTP) as its proof of work algorithm. Merkle Tree Proofs are an innovative solution to achieving network consensus, and can increase transaction time while reducing the centralizing tendency of ASIC mining.

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