GINcoin

by Gin Platform

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CanonChain

by CANONCHAIN.COM Inc.

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Nxt

by Ardor Nxt Group

3.5/5

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GINcoin

by Gin Platform

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CanonChain

by CANONCHAIN.COM Inc.

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Nxt

by Ardor Nxt Group

3.5/5

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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.Nxt provides users a modular toolset for DApp development.

Token Stats

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.

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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4/5 (1)