GINcoin

by Gin Platform

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Nxt

by Ardor Nxt Group

3.5/5

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Elrond

by Elrond

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GINcoin

by Gin Platform

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Nxt

by Ardor Nxt Group

3.5/5

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Elrond

by Elrond

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What problem does this service solve?

Gin's goal is to allow users to set up masternodes more easily.Nxt provides users a modular toolset for DApp development.Elrond will allow developers to create more scalable DApps with faster transaction times.

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.

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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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