CanonChain

by CANONCHAIN.COM Inc.

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Harmony

by Harmony

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QuarkChain

by QuarkChain

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CanonChain

by CANONCHAIN.COM Inc.

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Harmony

by Harmony

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QuarkChain

by QuarkChain

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Harmony's goal is to create a consensus mechanism that will scale for larger networks.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

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.

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

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