Fantom

by Fantom

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TomoChain

by TomoChain Pte. Ltd.

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CanonChain

by CANONCHAIN.COM Inc.

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Fantom

by Fantom

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TomoChain

by TomoChain Pte. Ltd.

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CanonChain

by CANONCHAIN.COM Inc.

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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.TomoChain's goal is to create a DApp platform with faster and cheaper transactions.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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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.

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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