Alethio

by ConsenSys

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ChainLink

by SmartContract

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Avalanche Token

by Ava Labs

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Alethio

by ConsenSys

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ChainLink

by SmartContract

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Avalanche Token

by Ava Labs

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What problem does this service solve?

Alethio makes it easier for users to understand the transactional dynamics of the Ethereum blockchain.ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up.Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.

Token Stats

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Company Description

Alethio is an Ethereum analytics platform that allows users to access indexed blockchain data in real time. It can be used to gain insights about Ethereum transactions, smart contracts, and DApps. Alethio is a ConsenSys portfolio company.

ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware.

The Avalanche token (AVAX) performs various tasks within Avalanche's Proof of Stake blockchain network. The Avalanche token functions as a rewards and payment system for users. The network is designed to be an open-source platform for launching highly decentralized applications, enterprise deployments, and decentralized financial instruments. The Avalanche ecosystem is meant to be smore scalable and interoperable than other blockchain platforms. Unlike Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.
Avalanche was launched by Ava Labs, whose founder Emin Gün Sirer is a veteran computer scientist that has been very influential in the Blockchain space. Gün Sirer is a computer science professor at Cornell University and has written extensively about scaling blockchain networks.

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