Chromia vs Namecoin vs Harmony
What problem does this service solve?
Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated. | Namecoin is used to register domain names and record domain information on the blockchain. | Harmony's goal is to create a consensus mechanism that will scale for larger networks. |
Token Stats
Company Description
Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy. | 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, | 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. |