EvenCoin

by EvenCoin

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IPFS

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Penta

by Penta Global Foundation PTE.LTD

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EvenCoin

by EvenCoin

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IPFS

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

EvenCoin's smart contract platform operates in parallel to Ethereum and does not require any hardware to operate its network.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.Penta does not appear to solve any problems better than existing blockchain platforms.

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Company Description

EvenCoin is a self-mining smart contract platform that is built on the Ethereum blockchain. EvenCoin is mined in parallel to even numbers of Ethereum blocks. The team behind EvenCoin are developing several decentralized projects that will use the self-mining protocol, including an exchange and a travel booking platform.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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