Algorand

by Algorand

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TomoChain

by TomoChain Pte. Ltd.

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Matic Network

by Matic-Network India LLP

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Algorand

by Algorand

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TomoChain

by TomoChain Pte. Ltd.

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Matic Network

by Matic-Network India LLP

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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.TomoChain's goal is to create a DApp platform with faster and cheaper transactions.Matic provides scalability for DApps and smart contracts.

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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.

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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