Fantom

by Fantom

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VITE

by VITE Labs

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Nxt

by Ardor Nxt Group

3.5/5

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Fantom

by Fantom

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VITE

by VITE Labs

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Nxt

by Ardor Nxt Group

3.5/5

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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.VITE's goal is to make it easier for developers to issue tokens and create DApps.Nxt provides users a modular toolset for DApp development.

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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.

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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