CanonChain

by CANONCHAIN.COM Inc.

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Nxt

by Ardor Nxt Group

3.5/5

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Aeternity

by Aeternity

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CanonChain

by CANONCHAIN.COM Inc.

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Nxt

by Ardor Nxt Group

3.5/5

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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.Nxt provides users a modular toolset for DApp development.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.

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.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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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