Cardano vs DAEX vs QuarkChain
What problem does this service solve?
Cardano is a blockchain project that is based on peer to peer review. Cardano's smart contract platform aims to become the internet of blockchains. Their goal is to create a research driven decentralized network that is more sustainable and scalable than others. | DAEX's decentralized clearing system increases the security of centralized crypto exchanges. | QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times. |
Token Stats
Company Description
The Cardano blockchain is a 3rd generation blockchain platform that was designed with a collaborative peer-to-peer review system, It aims to improve upon prior blockchain systems to enable larger and more sustainable uses of the technology. | DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token. | QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin. |