Transfercoin is Proof-of-Work and Proof-of-Stake hybrid cryptocurrency that uses the X11 hashing algorithm. There was no pre-mine or IPO for Transfercoin, keeping its price stable. The first 15,00 PoW and PoS blocks reward users with 15 TX tokens. Transfers are performed by masternodes to protect anonymity, and each masternode requires 100,000 TX at price. Half of all mining rewards go to masternode operators. Transfercoin is trying to bring the benefits of cryptocurrency to everyone around the world, with the goal of allowing decentralized and fully anonymous asset transfer abilities to everyone, while revolutionizing how the economy runs in the 21st century. For a TX price, users can utilize the cross-send feature, allowing TX coins to be spent anywhere that accepts Bitcoin.
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