CanonChain

by CANONCHAIN.COM Inc.

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Harmony

by Harmony

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V Systems

by V Systems

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CanonChain

by CANONCHAIN.COM Inc.

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Harmony

by Harmony

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V Systems

by V Systems

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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.V Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps.

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.

V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system.

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