DAEX

by DAEX Foundation

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Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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DAEX

by DAEX Foundation

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Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

DAEX's decentralized clearing system increases the security of centralized crypto exchanges.Harmony's goal is to create a consensus mechanism that will scale for larger networks.Nxt provides users a modular toolset for DApp development.

Token Stats

Company Description

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

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.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

Ratings

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4/5 (1)