Celer Network

by ScaleSphere Foundation Ltd

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Algorand

by Algorand

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QLC Chain

by QLC Chain

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Celer Network

by ScaleSphere Foundation Ltd

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Algorand

by Algorand

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QLC Chain

by QLC Chain

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What problem does this service solve?

Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.QLC is building a DApp development platform designed to encourage greater decentralization.

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Company Description

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

QLC Chain, formerly known as QLink, is developing a Network-as-a-Service blokchain platform. It will allow them to provide decentralized network services and serve as a DApp development platform. The QLC network is currently built on NEO but will transition to their own blockchain in the future. The QLC Chain will have a hybrid consensus mechanism called Shannon consensus. It will combine elements of delegated Proof-of-Stake (dPoS) with a regulating mechanism that is designed to encourage participation by more nodes.

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