Ripple

by Ripple Labs

(0)
View Profile

TransferCoin

by TransferCoin

(0)
View Profile

DigiByte

by Digibyte

(0)
View Profile

Ripple

by Ripple Labs

(0)
View Profile

TransferCoin

by TransferCoin

(0)
View Profile

DigiByte

by Digibyte

(0)
View Profile

What problem does this service solve?

Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.TransferCoin does not appear to have any significant benefits over other digital currencies.DigiByte is focused on enabling faster and more secure blockchain transactions.

Token Stats

Company Description

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

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.

DigiByte is a a blockchain platform that places an emphasis on security and block speed. DigiByte has one of the fastest block speeds of any public blockchain and uses an innovative consensus protocol with 5 mining algorithms. This prevents mining centralization and also minimizes the chances of security breaches. DigiByte transactions are limited in size and scope to increase speed, efficiency, and throughput.
DigiByte hopes that these innovations will provide the ideal blockchain infrastructure for a range of applications within the IoT and AI fields, that require a high degree of security and fast block speeds.

Ratings

Overall

(0)

(0)

(0)

Will this currency still be used in 10 years?
How scalable is this currency?
How adaptable is this currency to the changing needs of the market?
How effective is this currency as a medium of exchange?
How effective is this currency as a store of value?