Aztec Protocol vs UMA Token vs Celer Network
What problem does this service solve?
The Aztec Protocol reduces GAS costs and increase inter-operability for Ethereum DApps. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. | Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity. |
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 | The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts. | Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains. |