Cardano

by Cardano Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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Penta

by Penta Global Foundation PTE.LTD

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Cardano

by Cardano Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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Penta

by Penta Global Foundation PTE.LTD

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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.Nxt provides users a modular toolset for DApp development.Penta does not appear to solve any problems better than existing blockchain platforms.

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.
Cardano was built with a governance model that is based on collaboration. This allows the platform to evolve quickly and adapt to the changing needs of its users. Unlike many other blockchain projects, it also installed a treasury system to fund the ongoing development needs that may arise as it moves forward.
The Cardano blockchain uses a unique proof of stake algorithm called Ouroboros and has a protocol that consists of two layers, a settlement layer and a control layer. The settlement layer is designed to perform accounting functions, while the control layer is tasked with running smart contracts. The platform tries to balance the privacy concerns of users with the requirements of regulators in an effective way.
Cardano uses the Haskell programming language and is fueled by the ADA coin

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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.

Ratings

Overall

(0)

4/5 (1)

(0)

Will this currency still be used in 10 years?

4/5

How scalable is this currency?

4/5

How adaptable is this currency to the changing needs of the market?

2/5

How effective is this currency as a medium of exchange?

4/5

How effective is this currency as a store of value?

4/5