Celer Network

by ScaleSphere Foundation Ltd

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Harmony

by Harmony

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NEAR Protocol

by NEAR

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Celer Network

by ScaleSphere Foundation Ltd

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Harmony

by Harmony

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NEAR Protocol

by NEAR

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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.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications

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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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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