Dusk Network vs UMA Token vs NEAR Protocol
What problem does this service solve?
Dusk's goal is to create a blockchain infrastructure for issuing securities with enhanced privacy features. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. | NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications |
Token Stats
Company Description
The Dusk Network is a privacy-oriented blockchain protocol that is designed for creating programmable and confidential securities. Dusk places a strong focus on privacy and aims to make it easier for developers to create digital securities and zero-knowledge DApps. The network is currently powered by the Ethereum based DUSK token. | 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. | NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues. |