Fantom

by Fantom

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Chromia

by ChromaWay

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Algorand

by Algorand

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Fantom

by Fantom

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Chromia

by ChromaWay

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Algorand

by Algorand

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What problem does this service solve?

Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

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Company Description

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

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