Algorand vs NULS vs GoChain
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. | NULLS is a blockchain development platform with pluggable features. NULLS uses modular smart contracts that can be customized for business needs, and make it easier for users to develop decentralized applications. | GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency. |
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. | NULS is creating a blockchain coding environment that will be easy to use. NULS wants to make a blockchain development platform that will offer a solution for developing decentralized applications, at a lower cost and with less technical knowledge. The company has teams working in several countries and the platform is powered by the NULS token. | 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. |