Nervos Network

by Nervos

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Kava.io

by Kava Labs Inc.

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NIX

by NIX Platform

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Nervos Network

by Nervos

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Kava.io

by Kava Labs Inc.

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NIX

by NIX Platform

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What problem does this service solve?

The Nervos Network's goal is to be multi-asset, store of value platform.The Kava CDP is designed to provide cryptocurrency holders more options to leverage their assets.Nix hopes to eliminate the need for centralized exchanges with a cross-chain protocol focused on privacy.

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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.

The Kava token fuels the Kava.io cross-chain collateralized debt platform. Kava’s multi collateral CDP system allows users to collateralize a variety of assets so that they can increase their exposure to favorable trading conditions in volatile markets. The Kava platform is secured by over 100 validators and uses the Tendermint consensus algorithm.

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.

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