CanonChain

by CANONCHAIN.COM Inc.

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Wowbit

by Wowoo Pte. Ltd.

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Solana Blockchain

by Solana Labs

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CanonChain

by CANONCHAIN.COM Inc.

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Wowbit

by Wowoo Pte. Ltd.

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Solana Blockchain

by Solana Labs

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Wowbit allows users to create smart contract enabled digital assets on the NEO blockchain.Solana allows developers to create DApps with faster performance by separating the consensus process from the recording of transactions.

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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.

Wowbit, also known as Wowoo, is a NEO-based tokenization platform. Their smart contract enabled platform is based on their Smart Active Control (SAC) architecture, and is powered by the WWB token.

The Solana blockchain uses an innovative Proof of History mechanism to confirm transactions that are recorded on the network. Solana is designed to separate the consensus process from the flow of transactions. This is done with a recursive, verifiable delay function that hashes incoming transactions, and recording information as a function of time. Every node on the Solana blockchain is assigned a cryptographic clock that enables the network to determine the time and ordering of transactions, without having to wait for consensus from other nodes. By separating the process of transaction verification from their recording, a higher throughput is achieved without sacrificing network security.

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