Avalanche Token vs Etherparty vs Elrond
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | Etherparty wants to simplify the development of decentralized applications. It is developing a platform of blockchain software products that will help users develop many of the common functionalities with less technical knowledge. | Elrond will allow developers to create more scalable DApps with faster transaction times. |
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. | Etherparty is a cloud platform offering blockchain related software. They want to make smart contracts as easy and accessible as possible. by helping to automate many functions that decentralized applications require. Etherparty focuses on user-friendly design to simplify the creation of smart contract related platforms. They are currently developing several software products aimed at users with different needs, including: token generation, crowdfunding, supply chain management, and philanthropy. Etherparty is powered by FUEL tokens. | The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel. |