CanonChain

by CANONCHAIN.COM Inc.

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NEAR Protocol

by NEAR

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Harmony

by Harmony

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CanonChain

by CANONCHAIN.COM Inc.

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NEAR Protocol

by NEAR

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Harmony

by Harmony

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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 applicationsHarmony's goal is to create a consensus mechanism that will scale for larger networks.

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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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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.

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