CanonChain

by CANONCHAIN.COM Inc.

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GoChain

by GoChain

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Penta

by Penta Global Foundation PTE.LTD

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CanonChain

by CANONCHAIN.COM Inc.

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GoChain

by GoChain

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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.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.Penta does not appear to solve any problems better than existing blockchain platforms.

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.

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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