Avalanche Token vs Ubiq vs Dusk Network
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution. | Dusk's goal is to create a blockchain infrastructure for issuing securities with enhanced privacy features. |
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. | Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin. | The Dusk Network is a privacy-oriented blockchain protocol that is designed for creating programmable and confidential securities. Dusk places a strong focus on privacy and aims to make it easier for developers to create digital securities and zero-knowledge DApps. The network is currently powered by the Ethereum based DUSK token. |