CanonChain

by CANONCHAIN.COM Inc.

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Nxt

by Ardor Nxt Group

3.5/5

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Hedera Hashgraph

by Hedera Hashgraph

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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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Hedera Hashgraph

by Hedera Hashgraph

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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.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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