CanonChain

by CANONCHAIN.COM Inc.

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GoChain

by GoChain

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Elrond

by Elrond

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CanonChain

by CANONCHAIN.COM Inc.

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GoChain

by GoChain

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Elrond

by Elrond

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.Elrond will allow developers to create more scalable DApps with faster transaction times.

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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.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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.

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