Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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CanonChain

by CANONCHAIN.COM Inc.

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Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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CanonChain

by CANONCHAIN.COM Inc.

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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.Nxt provides users a modular toolset for DApp development.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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