ConsenSys vs QuarkChain vs Hedera Hashgraph
What problem does this service solve?
ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain. | QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times. | The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. |
Token Stats
Not Relevant |
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. | QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin. | Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin. |