Polkadot Blockchain

by Web3 Foundation

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Nervos Network

by Nervos

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NIX

by NIX Platform

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Polkadot Blockchain

by Web3 Foundation

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Nervos Network

by Nervos

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NIX

by NIX Platform

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What problem does this service solve?

Polkadot aims to improve interoperability and overall performance for DApps running across multiple networks.The Nervos Network's goal is to be multi-asset, store of value platform.Nix hopes to eliminate the need for centralized exchanges with a cross-chain protocol focused on privacy.

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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.

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.

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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