Avalanche Token

by Ava Labs

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Emercoin

by Emercoin

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Celer Network

by ScaleSphere Foundation Ltd

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Avalanche Token

by Ava Labs

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Emercoin

by Emercoin

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Celer Network

by ScaleSphere Foundation Ltd

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What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.Decentralized Software Development Kits make it easier to build blockchain-based applications.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.

Token Stats

Company Description

The Avalanche token (AVAX) performs various tasks within Avalanche's Proof of Stake blockchain network. The Avalanche token functions as a rewards and payment system for users. The network is designed to be an open-source platform for launching highly decentralized applications, enterprise deployments, and decentralized financial instruments. The Avalanche ecosystem is meant to be smore scalable and interoperable than other blockchain platforms. Unlike Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.
Avalanche was launched by Ava Labs, whose founder Emin Gün Sirer is a veteran computer scientist that has been very influential in the Blockchain space. Gün Sirer is a computer science professor at Cornell University and has written extensively about scaling blockchain networks.

Emercoin is a blockchain-based development platform. It has developed a range of easy-to-use dSDKs (Decentralized Software Development Kits) that can be used to more easily build DApps. This set of software development tools allow the creation of blockchain-based software and services.
Emercoin's dSDKs have been implemented in several innovative DApps and provide developers with solutions for a variety of functionalities. Some of the dSDK's that Emercoin offers are specifically geared for decentralized DNS, SSH, SSL, and DPO solutions.
Emercoin has a hybrid consensus mechanism that combines elements of Proof-of-Stake (PoS) with a Proof-of-Work (PoW) algorithm that is merge-mined with Bitcoin. The network is powered by the EMC coin.

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

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