Algorand

by Algorand

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Bytom

by Bytom

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GoChain

by GoChain

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Algorand

by Algorand

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Bytom

by Bytom

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GoChain

by GoChain

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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.Bytom aims to create a secondary market for physical assets registered to their blockchainGoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.

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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.

Bytom is a Chinese company that is developing a blockchain platform that is specifically designed to register securities and physical assets to the Bytom blockchain. Bytom aims to create a secondary markets for these blockchain registered assets and will allow them to be tokenized.
Bytom is compatible with other platforms and enables high transaction speeds and anonymity.
One of Bytom's key features is its improved PoW consensus algorithm that is compatible with AI-enhanced ASIC chips. This allows for more efficient mining that uses less energy.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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