Harmony

by Harmony

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Ignis

by Jelurida

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Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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Ignis

by Jelurida

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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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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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