Avalanche Token vs IOST vs Cryptaur
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | The Internet of Services Token is focused on improving overall blockchain speed and performance. | Cryptaur is a DApp development and payment network. |
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. | IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior. | Cryptaur is a Lithuanian company that is buildingg an Ethereum based payment and DApp development network. Cryptaur does not appear to have any distinct advantages over other decentralized networks. Cryptaur has plans to create a social capital management system that will be based on their Proof of Contribution algorithm. |