Elrond vs TrueChain vs Ark
What problem does this service solve?
Elrond will allow developers to create more scalable DApps with faster transaction times. | TrueChain wants to improve blockchain performance with a hybrid consensus model. | Ark is building a blockchain development platform that will make it easier to develop interconnected DApps. |
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. | TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized. | ARK, which is a fork of Lisk, is developing an interconnected blockchain ecosystem that will make it easier for users to develop their own blockchains. Ark emphasizes interoperability and usability. Their moto is “Point.Click.Blockchain” and their goal is to allow for easy deployment of DApps. Ark's "push button blockchains" can be easily created with minimal programming knowledge. Ark also hopes to encourage adoption by developers by accommodating 18 different programming languages. |