Fantom

by Fantom

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Ubiq

by Ubiq Technology

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Penta

by Penta Global Foundation PTE.LTD

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Fantom

by Fantom

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Ubiq

by Ubiq Technology

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Penta

by Penta Global Foundation PTE.LTD

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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.Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.Penta does not appear to solve any problems better than existing blockchain platforms.

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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.

Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.

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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