Algorand vs Ark vs FOAM
What problem does this service solve?
Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus. | Ark is building a blockchain development platform that will make it easier to develop interconnected DApps. | FOAM aims to to bring location data to blockchains and enable consensus driven mapping. |
Token Stats
Company Description
Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography. | ARK, which is a fork of Lisk, is developing an interconnected blockchain ecosystem that will make it easier for users to develop their own blockchains. Ark emphasizes interoperability and usability. Their moto is “Point.Click.Blockchain” and their goal is to allow for easy deployment of DApps. Ark's "push button blockchains" can be easily created with minimal programming knowledge. Ark also hopes to encourage adoption by developers by accommodating 18 different programming languages. | FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time. |