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.

VestChain aims to create a better performing smart contract platform.

Asch's goal is to enable developers to create DApps for multiple blockchains.

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.

VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token.

Asch is developing a commercial blockchain ecosystem with multiple blockchains. The company is creating several SDK's and API's that will help developers build DApps that are based on JavaScript and customized sidechain architectures. The Asch network has a DPoS consensus mechanism that incorporates elements of PBFT for enhanced security.

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Algorand vs VestChain vs Asch

Algorand

VestChain

Asch