Nervos Network

by Nervos

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IRISnet

by IRIS Foundation Limited

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pTokens

by Provable Things

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Nervos Network

by Nervos

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IRISnet

by IRIS Foundation Limited

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pTokens

by Provable Things

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What problem does this service solve?

The Nervos Network's goal is to be multi-asset, store of value platform.IRISnet's goal is to enable the development of decentralized business applications that work across different blockchain networks.pTokens aims to increase liquidity for cryptocurrencies, as well as cross-chain interoperability.

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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.

IRISnet is a blockchain network that is built on top of Cosmos. It aims to enable the integration of off-chain computing, as well as greater inter-operability across blockchain networks. IRISnet uses the Tendermint protocol as a consensus mechanism.

pTokens are digital assets that are transparently pegged to another underlying asset. pTokens serve as a Cross-Chain token wrapper that allows users to more easily transfer value between different blockchains. Users can deposit a certain amount of the underlying asset (such as BTC or EOS) and request the equivalent pTokens that are pegged to them 1:1, such as pBTC or pEOS. Token holders can then take advantage of the Ethereum network by more easily exchanging them into ERC-20 tokens.

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