Wanchain

by Wanchain

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Kava.io

by Kava Labs Inc.

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NIX

by NIX Platform

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Wanchain

by Wanchain

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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?

Wanchain is a cross-chain protocol that is designed to record both cross-chain and intra-chain transactions between various blockchains.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.

Token Stats

Company Description

Wanchain is a cross-chain protocol for inter-chain transactions. It was originally a fork of Ethereum, but is now a completely separate blockchain called the WAN chain, that also has a Proof-of-Stake (PoS) consensus mechanism. Wanchain is designed to be a decentralized and interconnected platform to exchange digital assets across separate blockchains. It is meant to connect the growing number of blockchain projects and make them inter-operable.

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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