Nervos Network

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Arcblock

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aelf

by aelf

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Nervos Network

by Nervos

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Arcblock

by Arcblock

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aelf

by aelf

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What problem does this service solve?

The Nervos Network's goal is to be multi-asset, store of value platform.Arcblock aims to simplify the development of decentralized applications and allow DApps to change blockchain protocols.Aelf's goal is to be the “Linux system” on the blockchain. Users can create a customized blockchain operating system that can interact across other blockchains.

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Company Description

The Nervos Network is an open-source public blockchain ecosystem that is designed to secure multiple assets. Unlike other smart contract platforms that require users to pay transaction fees to help secure the underlying networks, the Nervos Network hopes to create an incentive system that will enable multiple assets to be secured regardless of their price volatility. It does this by capturing the total network value through its native coin the Nervos CKByte, which entitles holders to storage rights on the Nervos blockchain. The network uses a PoW consensus mechanism.

ArcBlock is creating a blockchain ecosystem for building decentralized applications. Their goal is to provide consumers with the framework and tools to use decentralized apps as easily as current web-based versions. ArcBlock was founded by Robert Mao and Flavien Charlton, who also created Colored Coins, Open Assets Protocol and Openchain.
ArcBlock's Open Chain Access Protocol gives developers an abstract layer for using underlying blockchains. It has a serverless computing architecture that supports various types of applications. ArcBlock is based on the Blocknet application protocol that executes smart contracts and can access external data sources. Blocknet's design and open chain access protocol provide a layer for accessing multiple blockchains.

Aelf calls itself a decentralized self-evolving cloud computing network. It is a blockchain operating system that can be customized for development needs. AElf hopes to improve upon current blockchain platforms by emphasizing their unique governance system and sidechain architecture.
AElf's most important feature is its multilayer sidechains and mainchains that can be used for a variety of purposes. Each chain is dedicated to a single use case, and tasks can be distributed more efficiently across multiple chains.
AElf enables cross-chain exchanges of value and has a cross-chain messaging functionality that works with other blockchains, including Bitcoin and Ethereum. Aelf enables parallel processing of transactions that promises to improve performance.
AElf users can create private chains that operate in a similar way to the Amazon's cloud hosting service, allowing developers to utilize the private chain modules to maintain full ownership of their DApps on the Aelf computing network.
Aelf has a Delegated Proof-of-Stake consensus mechanism (dPoS). ELF token holders vote on the nodes that will become mining nodes. Those elected nodes then decide how mining incentives are distributed among stakeholders and other nodes. The number of miners on the network is equal to 2N plus 1, with N beginning at 8 and increasing by 1 every year. Miining nodes relay and confirm transactions, transfer data, and package blocks.
The ELF token is also used as a mechanism for the sidechains to be indexed on the mainchain. These indexing fees vary depending on how much the sidechains contribute to the overall ecosystem.

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