Elrond vs LTO Network vs Komodo
What problem does this service solve?
Elrond will allow developers to create more scalable DApps with faster transaction times. | LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows. | Komodo is a blockchain building platform. They assist clients in creating their own blockhains and 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. | The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains. | Komodo is a blockchain building platform that is focused on developing anonymity and security focused solutions. Komodo's platform, which was originally a fork of ZCash, is powered by the KMD token, and enables users to send anonymous transactions. Komodo has a delayed Proof of Work consensus algorithm. |