Celer Network

by ScaleSphere Foundation Ltd

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Harmony

by Harmony

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Penta

by Penta Global Foundation PTE.LTD

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Celer Network

by ScaleSphere Foundation Ltd

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Harmony

by Harmony

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Penta

by Penta Global Foundation PTE.LTD

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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.Penta does not appear to solve any problems better than existing blockchain platforms.

Token Stats

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.

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.

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