Vertcoin vs Decred vs TransferCoin
What problem does this service solve?
Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm. | Decred is a decentralized currency with a strong emphasis on community participation. | TransferCoin does not appear to have any significant benefits over other digital currencies. |
Token Stats
Company Description
Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm. | Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform. . | 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. |