Algorand

by Algorand

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Mainframe

by Mainframe

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Nxt

by Ardor Nxt Group

3.5/5

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Algorand

by Algorand

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Mainframe

by Mainframe

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Nxt

by Ardor Nxt Group

3.5/5

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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.Mainframe's decentralized communication protocol aims to make it easier to create DApps that prioritize privacy.Nxt provides users a modular toolset for DApp development.

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.

Mainframe is creating a blockchain development platform for decentralized applications. Their marketing materials place a strong emphasis on encryption, privacy, and interoperability. Onyx, a decentralized workplace messaging tool, is the first application to be built on the Mainframe network.
Mainframe is powered by the MFT token.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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