CanonChain

by CANONCHAIN.COM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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V Systems

by V Systems

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CanonChain

by CANONCHAIN.COM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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V Systems

by V Systems

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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.V Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps.

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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.

V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system.

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