Algorand

by Algorand

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Nebulas

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Chain

by Chain

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Algorand

by Algorand

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Nebulas

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Chain

by Chain

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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.Nebulas focuses on searches among decentralized applications, smart contracts, and blockchain assets, as well as creating smart contracts that can be upgraded.Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends.

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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.

Nebulas is an innovative project that aims to be the first blockchain search engine. It has been called the “Google for Blockchains." They want to build a self-evolving blockchain system that is based on incentives and will also provide a development infrastructure. The company developed two concepts to achieve their goal: Rank and Force. Similar to Google's PageRank, Nebulas Rank will be a measure of overall value for blockchains. While Nebulas Force, will be a solution that will support smart contracts, and will be able to adapt to market demands. This will prevent forking from occurring because new technologies can be incorporated and bugs can be fixed without changing the underlying code. The development system will provide all of the essential tools needed to create distributed applications. One of the key components of the platform is the incentive structure that has a Developer Incentive Protocol (DIP) and a Proof of Devotion (PoD) protocol that will reward users with Nebulas tokens to create quality applications. Nebulas was created by Hitters Xu, who is also the founder of NEO, and is an important figure in the Chinese blockchain community.

Chain is a blockchain software company that creates blockchain-based systems for financial institutions and major companies. They've developed blockchain solutions for companies like Nasdaq, Visa, and Citigroup, as well as a variety of crytpocurrencies. Chain has been successful in incorporating distributed ledger technology in very large and influential companies. Their focus is on using the core innovations of blockchain to improve existing systems. Chain uses blockchain as a software tool that can be applied where it is important for services or product to have more trust, or to build a network without an intermediary

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