Avalanche Token vs OneRoot Network vs Aergo
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 OneRoot Network wants to create a development platform for DApps. | Aergo's goal is to create a better DApp development platform. |
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. | The OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision. | Aergo is developing an SQL based smart contract platform that will allow developers to more easily share data and create DApps. Their platform will combine elements of public and private blockchain architectures and will have a hybrid BFT/dPoS consensus mechanism. The ERGO Hub will serve as a blockchain hosting service that will allow users to test and deploy their own blockchains. Their network is currently powered by the Etherem-based AERGO token. |