Alethio vs Ubiq vs Avalanche Token
What problem does this service solve?
Alethio makes it easier for users to understand the transactional dynamics of the Ethereum blockchain. | Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution. | Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. |
Token Stats
Not Relevant |
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. | Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin. | 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. |