Celer Network

by ScaleSphere Foundation Ltd

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Elrond

by Elrond

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QuarkChain

by QuarkChain

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Celer Network

by ScaleSphere Foundation Ltd

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Elrond

by Elrond

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QuarkChain

by QuarkChain

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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.Elrond will allow developers to create more scalable DApps with faster transaction times.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

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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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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.

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