Harmony

by Harmony

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Zilliqa

by Zilliqa

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Penta

by Penta Global Foundation PTE.LTD

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Harmony

by Harmony

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Zilliqa

by Zilliqa

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Penta

by Penta Global Foundation PTE.LTD

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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.Zilliqa is building a scalable development platform based on sharding.Penta does not appear to solve any problems better than existing blockchain platforms.

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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.

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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