CanonChain

by CANONCHAIN.COM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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Hedera Hashgraph

by Hedera Hashgraph

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CanonChain

by CANONCHAIN.COM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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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.Penta does not appear to solve any problems better than existing blockchain platforms.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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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.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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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