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 applications

Phore's goal is to enable developers to create a variety of DApps with fast transaction times.

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.

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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Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications.

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CanonChain vs NEAR Protocol vs Phore

CanonChain

NEAR Protocol

Phore