Elrond vs Hydrogen vs NEAR Protocol
What problem does this service solve?
Elrond will allow developers to create more scalable DApps with faster transaction times. | Hydro's goal is to provide a blockchain platform for creating DApps that require secure ID verification and authentication. | NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications |
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. | Hydrogen is a fintech company that develops API' for creating financial applications. They are developing the open-source Hydro blockchain platform that emphasizes identity management and security. The network is powered by the Ethereum-based HYDRO token. | 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. |