ChainLink vs NULS vs Namecoin
What problem does this service solve?
ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up. | NULLS is a blockchain development platform with pluggable features. NULLS uses modular smart contracts that can be customized for business needs, and make it easier for users to develop decentralized applications. | Namecoin is used to register domain names and record domain information on the blockchain. |
Token Stats
Company Description
ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware. | NULS is creating a blockchain coding environment that will be easy to use. NULS wants to make a blockchain development platform that will offer a solution for developing decentralized applications, at a lower cost and with less technical knowledge. The company has teams working in several countries and the platform is powered by the NULS token. | Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism, |