Polkadot Blockchain

by Web3 Foundation

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Add.xyz

by Add.xyz

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AION

by Nuco Inc.

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Polkadot Blockchain

by Web3 Foundation

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Add.xyz

by Add.xyz

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AION

by Nuco Inc.

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What problem does this service solve?

Polkadot aims to improve interoperability and overall performance for DApps running across multiple networks.Add.xyz's goal is to provide greater access to decentralized financial services with a strong focus on privacy.AION is building a cross-chain platform to connect other blockchain platforms.

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Company Description

The Polkadot blockchain is a multi-chain blockchain that is designed to bundle multiple chains together so that they can be executed in parallel. The goal is for every block on the Polkadot blockchain to contain multiple blocks from other chains. This will enable the network to contain the transaction information from multiple chains and dramatically increase the overall interoperability between different blockchain networks. Polkadot was created by the Web3 Foundation, which is led by Gavin Wood, one of the founders of Ethereum. Polkadot is their flagship project, and aims to solve the issues in the blockchain ecosystem related to disjointed governance and interoperability.

Add.xyz is full-stack DeFi aggregator that places a strong emphasis on privacy and security. Add.xyz provides users with a suite of DeFi services in one unified platform that is powered by the ADD token; including: lending, staking, coin blending and swapping. The platform has several off-chain and on-chain privacy mechanisms that are designed to increase anonymity and privacy for DeFi services. The Add.xyz protocol unifies several of the leading DeFi protocols and blockchain infrastructures. It enables communication between the different protocols to create and execute various financial transactions.

AION calls itself a 3rd generation blockchain network, and is primarily focused on connecting blockchain networks. AOIN aims to solve the interoperability issues facing the various blockchains, and be the connecting bridge between them. AION's cross-chain platform has different consensus mechanisms for interchain and on-chain transactions. The on-chain consensus mechanism combines BFT (Byzantine Fault Tolerance), dPoS (Delegated Proof-of-Stake) and a new neural network inspired verification algorithm known as Proof-of-Intelligence.
Interchain transactions are managed by bridges. The bridges has a consensus mechanism that is different from the main AION chain, and each bridge is secured by an individual consensus. The bridge validators will be rewarded by interchain transaction fees.

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