Polkadot Blockchain

by Web3 Foundation

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Ontology

by OnChain

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HyperCash

by Hshare

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Polkadot Blockchain

by Web3 Foundation

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Ontology

by OnChain

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HyperCash

by Hshare

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What problem does this service solve?

Polkadot aims to improve interoperability and overall performance for DApps running across multiple networks.Ontology wants to establish the connecting infrastructure for a trust ecosystem and to assist businesses to integrate blockchain technology.Hshare is a dual-chain cryptocurrency that wants to facilitate exchanges of value across blockchains and other decentralized networks.

Token Stats

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.

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.

Hshare is the token that was released in an ICO for the development of the Hcash (Hyper Cash) project. Hcash will be a dual-chain cryptocurrency that will have a side chain for both blockchain-based and other decentralized networks. Hcash is a community driven platform that is designed to exchange value and data across these platforms. Hcash's dual sidechain consists of a blockchain and a Directed Acyclic Graph (DAG) network. It's designed to facilitate exchanges of value between blockchain-based and non-blockchain decentralized systems with a high degree of privacy and encryption. Hcash's dual networks will offer addresses that are inter-operable with other common cryptocurrencies, allowing users to send and receive various currencies in their Hcash wallet.
Hcash has a hybrid PoW and PoS consensus algorithm that combines verification and governance features of both mechanisms.

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