Avalanche Token vs Universa vs High Performance Blockchain
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | Universa aims to enable faster transactions and smart contracts that can be executed offline. | HPB is building an improved blockchain infrastructure based on hardware accelerator chip drivers. It wants to drastically increase the number of transactions that can be processed. |
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. | Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token. | High Performance Blockchain (HPB) is a Chinese company that is developing an improved blockchain infrastructure. Their goal is to dramatically improve the speed of transactions and throughput of existing blockchain systems. HPB has been called the EOS of China. |