Cosmos

by Cosmos

4/5

(1)
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HyperCash

by Hshare

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NIX

by NIX Platform

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Cosmos

by Cosmos

4/5

(1)
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HyperCash

by Hshare

(0)
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NIX

by NIX Platform

(0)
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What problem does this service solve?

Cosmos is building a decentralized network of independent parallel blockchains. Their goal is to provide the infrastructure for anyone to be able to make their own blockchain that will be able to operate with others, and will allow transfers of value between them.Hshare is a dual-chain cryptocurrency that wants to facilitate exchanges of value across blockchains and other decentralized networks.Nix hopes to eliminate the need for centralized exchanges with a cross-chain protocol focused on privacy.

Token Stats

Company Description

Cosmos is a cross-chain protocol that is working to establish a standardized way for blockchains to inter-operate. It has been called the internet of blocchains. Cosmos is building a standardized protocol for multiple blockchains to operate freely together, and allow transfers of value between them. Cosmos is made up of a network of blocckhains called zones. Each of these zones will be powered by a the Tendermint consensus protocol. Cosmos will act as a hub, that ties the zones together and manages their coordination. The Cosomos token called ATOM was released in an ICO that raised $53 million, but it will not be traded until the platform is launched.

Hshare is the token that was released in an ICO for the development of the Hcash (Hyper Cash) project. Hcash will be a dual-chain cryptocurrency that will have a side chain for both blockchain-based and other decentralized networks. Hcash is a community driven platform that is designed to exchange value and data across these platforms. Hcash's dual sidechain consists of a blockchain and a Directed Acyclic Graph (DAG) network. It's designed to facilitate exchanges of value between blockchain-based and non-blockchain decentralized systems with a high degree of privacy and encryption. Hcash's dual networks will offer addresses that are inter-operable with other common cryptocurrencies, allowing users to send and receive various currencies in their Hcash wallet.
Hcash has a hybrid PoW and PoS consensus algorithm that combines verification and governance features of both mechanisms.

NIX is developing a cross-chain protocol with an emphasis on privacy. Their platform will be powered by the NIX coin, and will allow users to exchange supported coins with atomic swaps. Nix hopes to eliminate the need for centralized exchanges with their DEX manager. The platform is based on the Ghost Protocol, which uses elements of Zercoin, and integrates the Tor network to provide enhanced security and privacy for users. NIX allows developers create and attach their own networks to the NIX network as sidechains. The cross-chain platform has a Proof-of-Work consensus mechanism.

Ratings

Overall

3/5 (1)

(0)

(0)

How useful is this tool in creating decentralized applications?

4/5

How does this platform compare to similar development tools?

5/5

How effective is this tool in encouraging blockchain adoption?

3/5

How scalable is this platform?

5/5

How likely is it that this tool will still be used in 10 years?

4/5