Avalanche Token

by Ava Labs

(0)
View Profile

Hydrogen

by Hydrogen

(0)
View Profile

Ternio

by Ternio LLC.

(0)
View Profile

Avalanche Token

by Ava Labs

(0)
View Profile

Hydrogen

by Hydrogen

(0)
View Profile

Ternio

by Ternio LLC.

(0)
View Profile

What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.Hydro's goal is to provide a blockchain platform for creating DApps that require secure ID verification and authentication.Ternio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.

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.

Hydrogen is a fintech company that develops API' for creating financial applications. They are developing the open-source Hydro blockchain platform that emphasizes identity management and security. The network is powered by the Ethereum-based HYDRO token.

Ternio is developing a scalable blockchain framework called Lexicon. It was originally a fork of Hyperledger Fabric, and is designed to handle the high transactions rates that enterprise business clients need. Ternio's framework uses its Lexicon Blockchain as a data protocol, and the Stellar Blockchain as a payment protocol. Ternio will have a Byzantine Fault Tolerance (BFT) consensus mechanism. Ternio's marketing materials mention the benefits that their high performance, Lexicon blockchain can have in programmatic digital advertising, as well as a variety of other industries. Ternio also created the BlockCard; a crypto debit card that enables users to spend their cryptocurrency. Their network is currently powered by the Stellar-based TERN token.

Ratings

(0)

(0)

(0)