Harmony

by Harmony

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Hedera Hashgraph

by Hedera Hashgraph

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Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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Hedera Hashgraph

by Hedera Hashgraph

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Matic Network

by Matic-Network India LLP

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What problem does this service solve?

Harmony's goal is to create a consensus mechanism that will scale for larger networks.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.Matic provides scalability for DApps and smart contracts.

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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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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