What problem does this service solve?

Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.

NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

Token Stats

Company Description

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

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Credits vs NEAR Protocol vs Algorand

Credits

NEAR Protocol

Algorand