GoChain

by GoChain

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Algorand

by Algorand

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Elrond

by Elrond

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GoChain

by GoChain

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Algorand

by Algorand

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Elrond

by Elrond

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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.Elrond will allow developers to create more scalable DApps with faster transaction times.

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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.

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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