What problem does this service solve?

The Aztec Protocol reduces GAS costs and increase inter-operability for Ethereum DApps.

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

Hydro's goal is to provide a blockchain platform for creating DApps that require secure ID verification and authentication.

Token Stats

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Company Description

The Aztec Protocol is an efficient zero-knowledge privacy protocol designed to enable private transactions on the Ethereum blocckhain. Their zero-knowledge proofs enable private transactions that can facilitate a variety of inter-operable financial applications on Ethereum. Aztec is a ConsenSys portfolio company.

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Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

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.

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Aztec Protocol vs Algorand vs Hydrogen

Aztec Protocol

Algorand

Hydrogen