Davinci Coin vs UMA Token vs TrueChain
What problem does this service solve?
Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. | TrueChain wants to improve blockchain performance with a hybrid consensus model. |
Token Stats
Company Description
Davinci Coin is an Ethereum-based token that powers the Davinci Project's ecosystem. Their goal is to strengthen private sector cooperation between China and South Korea. | 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. | TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized. |