Harmony vs Credits vs Phore
What problem does this service solve?
Harmony's goal is to create a consensus mechanism that will scale for larger networks. | Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
Token Stats
Company Description
Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain. | Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |