CanonChain

by CANONCHAIN.COM Inc.

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NEAR Protocol

by NEAR

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Aeternity

by Aeternity

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CanonChain

by CANONCHAIN.COM Inc.

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NEAR Protocol

by NEAR

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Aeternity

by Aeternity

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsAeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.

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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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

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