Blockdaemon

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Elrond

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IPFS

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Blockdaemon

by Blockdaemon

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Elrond

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IPFS

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What problem does this service solve?

Blockdaemon wants to make it easier for companies to create decentralized networks that fit their business needs.Elrond will allow developers to create more scalable DApps with faster transaction times.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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Company Description

Blockdaemon is a blockchain infrastructure service company that focuses on deploying nodes for their clients. They assist their clients in setting up and managing networks for their DApps. Blockdaemon's node deployment tool allows users to easily deploy blockchan nodes on Bitcoin, Aion, and Stellar in a way that best suits their needs.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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