GINcoin

by Gin Platform

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CanonChain

by CANONCHAIN.COM Inc.

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Algorand

by Algorand

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GINcoin

by Gin Platform

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CanonChain

by CANONCHAIN.COM Inc.

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Algorand

by Algorand

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What problem does this service solve?

Gin's goal is to allow users to set up masternodes more easily.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.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

GINcoin is designed to be a masternode-facilitating blockchain and coin. It lowers the technical requirements to set up a masternode on any blockchain. GIN can also be used as a DApp development platform. GINcoin uses a Delayed Proof of Work consensus algorithm to verify transactions.

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.

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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