Elrond

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Hedera Hashgraph

by Hedera Hashgraph

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GoChain

by GoChain

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Elrond

by Elrond

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Hedera Hashgraph

by Hedera Hashgraph

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GoChain

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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.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.

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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.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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