Aztec Protocol vs CanonChain vs Hedera Hashgraph
What problem does this service solve?
The Aztec Protocol reduces GAS costs and increase inter-operability for Ethereum DApps. | CannonChain's consensus mechanism encourages contributing network resources on smaller scales. | The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. |
Token Stats
Not Relevant |
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. T | CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi. | Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin. |