Celer Network

by ScaleSphere Foundation Ltd

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Rise

by Rise

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CanonChain

by CANONCHAIN.COM Inc.

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Celer Network

by ScaleSphere Foundation Ltd

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Rise

by Rise

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CanonChain

by CANONCHAIN.COM Inc.

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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.Rise hopes to create a blockchain platform that will have faster transaction times and will handle larger volumes.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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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.

Rise is building a blockchain development platform with dPoS consensus. Their protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the RISE coin. They hope to significantly improve transaction times and reduce fees, while providing developers with a tool set to create DApps in several programming languages.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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