Algorand vs VestChain vs Nxt
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. | Nxt provides users a modular toolset for DApp development. |
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. | Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains. |