CanonChain vs Parity Technologies vs Hedera Hashgraph
What problem does this service solve?
CannonChain's consensus mechanism encourages contributing network resources on smaller scales. | Parity's software makes it easier for organizations, end-users, and developers to use blockchain. | The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. |
Token Stats
Not Relevant |
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. | Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum. | 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. |