Celer Network

by ScaleSphere Foundation Ltd

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Harmony

by Harmony

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Elrond

by Elrond

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Celer Network

by ScaleSphere Foundation Ltd

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Harmony

by Harmony

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Elrond

by Elrond

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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.Harmony's goal is to create a consensus mechanism that will scale for larger networks.Elrond will allow developers to create more scalable DApps with 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.

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

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.

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