Cryptaur

by Cryptaur

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GoChain

by GoChain

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UMA Token

by Risk Labs

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Cryptaur

by Cryptaur

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GoChain

by GoChain

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UMA Token

by Risk Labs

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What problem does this service solve?

Cryptaur is a DApp development and payment network.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

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Company Description

Cryptaur is a Lithuanian company that is buildingg an Ethereum based payment and DApp development network. Cryptaur does not appear to have any distinct advantages over other decentralized networks. Cryptaur has plans to create a social capital management system that will be based on their Proof of Contribution algorithm.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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