Elrond

by Elrond

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CanonChain

by CANONCHAIN.COM Inc.

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Lisk

by Lisk

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Elrond

by Elrond

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CanonChain

by CANONCHAIN.COM Inc.

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Lisk

by Lisk

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What problem does this service solve?

Elrond will allow developers to create more scalable DApps with faster transaction times.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Lisk uses sidechains, that can be easily customized, to allow developers to create their own decentralized applications.

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Company Description

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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.

Lisk is a blockchain-based platform that allows developers to build and publish their own applications. Lisk uses sidechain development kits, that are written in Javascript, to enable users to create their own blockchain applications according to their needs. Each decentralized App runs on its own sidechain that can be customized, and is connected to the Lisk blockchain, which has a Delegated Proof-of-Stake (dPoS) consensus mechanism. The Lisk network is powered by the LSK coin.

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