Elrond

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Hedera Hashgraph

by Hedera Hashgraph

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Fantom

by Fantom

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Elrond

by Elrond

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Hedera Hashgraph

by Hedera Hashgraph

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Fantom

by Fantom

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What problem does this service solve?

Elrond will allow developers to create more scalable DApps with faster transaction times.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

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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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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