CanonChain

by CANONCHAIN.COM Inc.

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GoChain

by GoChain

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IOST

by IOST

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CanonChain

by CANONCHAIN.COM Inc.

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GoChain

by GoChain

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IOST

by IOST

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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.The Internet of Services Token is focused on improving overall blockchain speed and performance.

Token Stats

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.

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

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