DAEX

by DAEX Foundation

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Penta

by Penta Global Foundation PTE.LTD

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CanonChain

by CANONCHAIN.COM Inc.

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DAEX

by DAEX Foundation

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Penta

by Penta Global Foundation PTE.LTD

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CanonChain

by CANONCHAIN.COM Inc.

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What problem does this service solve?

DAEX's decentralized clearing system increases the security of centralized crypto exchanges.Penta does not appear to solve any problems better than existing blockchain platforms.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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.

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