GoChain

by GoChain

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Algorand

by Algorand

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Aeternity

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GoChain

by GoChain

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Algorand

by Algorand

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Aeternity

by Aeternity

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What problem does this service solve?

GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.

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Company Description

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

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