CanonChain

by CANONCHAIN.COM Inc.

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Stakenet

by Stakenet

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Penta

by Penta Global Foundation PTE.LTD

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CanonChain

by CANONCHAIN.COM Inc.

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Stakenet

by Stakenet

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets.Penta does not appear to solve any problems better than existing blockchain platforms.

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.

Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks.

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.

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