CanonChain

by CANONCHAIN.COM Inc.

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Ignis

by Jelurida

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IOST

by IOST

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CanonChain

by CANONCHAIN.COM Inc.

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Ignis

by Jelurida

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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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.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.

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.

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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