Bytom vs Phore vs Solana Blockchain
What problem does this service solve?
Bytom aims to create a secondary market for physical assets registered to their blockchain | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. | Solana allows developers to create DApps with faster performance by separating the consensus process from the recording of transactions. |
Token Stats
Company Description
Bytom is a Chinese company that is developing a blockchain platform that is specifically designed to register securities and physical assets to the Bytom blockchain. Bytom aims to create a secondary markets for these blockchain registered assets and will allow them to be tokenized. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. | The Solana blockchain uses an innovative Proof of History mechanism to confirm transactions that are recorded on the network. Solana is designed to separate the consensus process from the flow of transactions. This is done with a recursive, verifiable delay function that hashes incoming transactions, and recording information as a function of time. Every node on the Solana blockchain is assigned a cryptographic clock that enables the network to determine the time and ordering of transactions, without having to wait for consensus from other nodes. By separating the process of transaction verification from their recording, a higher throughput is achieved without sacrificing network security. |