CanonChain vs Penta vs Phore
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. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
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. | 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. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |