CanonChain

by CANONCHAIN.COM Inc.

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Ignis

by Jelurida

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Hedera Hashgraph

by Hedera Hashgraph

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CanonChain

by CANONCHAIN.COM Inc.

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Ignis

by Jelurida

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Hedera Hashgraph

by Hedera Hashgraph

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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