Ontology vs Liquality vs Arcblock
What problem does this service solve?
Ontology wants to establish the connecting infrastructure for a trust ecosystem and to assist businesses to integrate blockchain technology. | Liquality's goal is to minimize the risk and cost associated with converting cryptocurrencies. | Arcblock aims to simplify the development of decentralized applications and allow DApps to change blockchain protocols. |
Token Stats
Not Relevant |
Company Description
Ontology is a network designed to be operated across multiple blockchains. Its main focus revolves around trust issues, and it provides identity verification and reputation management capabilities. Ontology's goal is to be a platform for decentralized trust systems in businesses. Their distributed network is set up to facilitate cooperation between different projects in a trust ecosystem. Ontology's framework allows users to customize different public blockchains for different applications. Ontology has a two-token structure. ONT is the utility token of the network that can be used to generate Ontology Gas (ONG). Ontology has an innovative consensus mechanism called Verifiable Byzantine Fault Tolerance (VBFT). It combines elements of Proof-of-Stake (PoS), VRF (Verifiable Number Function), and Byzantine Fault Tolerance (BFT). The VBFT consensus mechanism will select nodes that meet certain conditions, and will verify transactions. | Liquality is developing a cross-chain technology that will allow users to covert Ethereum to Bitcoin, and vice versa with minimal risk and fees, while maintaining control over their private keys. Their interface offers a secure way to exchange cryptocurrencies by using atomic swaps. Liquality is a ConsenSys portfolio company. | 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. |