Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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Parity Technologies

by Parity Technologies

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Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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Parity Technologies

by Parity Technologies

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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.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.

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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.

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.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

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