DAEX

by DAEX Foundation

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QuarkChain

by QuarkChain

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CanonChain

by CANONCHAIN.COM Inc.

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DAEX

by DAEX Foundation

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QuarkChain

by QuarkChain

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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.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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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.

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.

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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