Aeternity vs Credits vs UMA Token
What problem does this service solve?
Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data. | Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. |
Token Stats
Company Description
Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain. | Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees. | The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts. |