CanonChain

by CANONCHAIN.COM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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Lisk

by Lisk

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CanonChain

by CANONCHAIN.COM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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Lisk

by Lisk

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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.Lisk uses sidechains, that can be easily customized, to allow developers to create their own decentralized applications.

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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.

Lisk is a blockchain-based platform that allows developers to build and publish their own applications. Lisk uses sidechain development kits, that are written in Javascript, to enable users to create their own blockchain applications according to their needs. Each decentralized App runs on its own sidechain that can be customized, and is connected to the Lisk blockchain, which has a Delegated Proof-of-Stake (dPoS) consensus mechanism. The Lisk network is powered by the LSK coin.

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