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.

Parity's software makes it easier for organizations, end-users, and developers to use blockchain.

The DAPP Network aims to be an incentive driven network for collaboration that will address the technical barriers for creating scalable DApps.

Token Stats

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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.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

The DAPP Network is a development focused network that aims to promote the adoption of decentralized applications (DApps). The DAPP Network is designed to incentivize the creation of development tools to solve the technical limitations of developing DApps. The network is powered by the DAPP token.

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Algorand vs Parity Technologies vs DAPP Network

Algorand

Parity Technologies

DAPP Network