Celer Network

by ScaleSphere Foundation Ltd

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Zilliqa

by Zilliqa

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CanonChain

by CANONCHAIN.COM Inc.

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Celer Network

by ScaleSphere Foundation Ltd

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Zilliqa

by Zilliqa

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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.Zilliqa is building a scalable development platform based on sharding.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.

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

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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