TransferCoin

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ZCoin

by ZCoin

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Aurora

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TransferCoin

by TransferCoin

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ZCoin

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Aurora

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What problem does this service solve?

TransferCoin does not appear to have any significant benefits over other digital currencies.ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity.Aurora aims to create a dPoS blockchain platform with fast transaction times.

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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.

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.

Aurora is developing a blockchain platform that is based on a hybrid dPoS and BFT consensus mechanism. Aurora aims to improve overall blockchain performance with better transaction speeds and security features. Aurora has a multi-chain architecture and an Intelligent App Isolation system that are designed to allow for better smart contract execution. The network is currently powered by the Ethereum-based AOA token.

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