ConsenSys

by ConsenSys

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CanonChain

by CANONCHAIN.COM Inc.

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NEO

by NEO

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ConsenSys

by ConsenSys

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CanonChain

by CANONCHAIN.COM Inc.

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NEO

by NEO

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What problem does this service solve?

ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.NEO allows developers to create digital assets that can be managed with smart contracts.

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Company Description

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

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.

NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

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