What problem does this service solve?

Elrond will allow developers to create more scalable DApps with faster transaction times.

Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.

Phore's goal is to enable developers to create a variety of DApps with fast transaction times.

Token Stats

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.

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications.

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Elrond vs Credits vs Phore

Elrond

Credits

Phore