Fantom vs VestChain vs UMA Token
What problem does this service solve?
Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph. | VestChain aims to create a better performing smart contract platform. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. |
Token Stats
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. | VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token. | The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts. |