CanonChain

by CANONCHAIN.COM Inc.

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FLO

by FLO

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Penta

by Penta Global Foundation PTE.LTD

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CanonChain

by CANONCHAIN.COM Inc.

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FLO

by FLO

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.FLO's blockchain allows users to record short comments or notes to its transactions.Penta does not appear to solve any problems better than existing blockchain platforms.

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Company Description

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.

FLO is a Proof-of-Work blockchain with a metadata layer called floData. It enables users to easily record notes to its blocks, and can be used to create DApps. One of FLO's central features is the Open Index Protocol, which standardizes cryptographic ownership on open networks. The founders of FLO are also working on Alexandria; an open-source standard for users to publish and distribute original content. FLO's source code is based on that of Bitcoin and Litecoin. It is designed to enable fast transactions times.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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