Hedera Hashgraph

by Hedera Hashgraph

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Aeternity

by Aeternity

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Bytecent

by Bytecent

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Hedera Hashgraph

by Hedera Hashgraph

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Aeternity

by Aeternity

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Bytecent

by Bytecent

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What problem does this service solve?

The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.Bytecent allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent.

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Company Description

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.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

Bytecent is developing a decentralized rewards network powered by blockchain. Bytecent allows merchants to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them anywhere Bytecent is accepted. In addition to secure transactions and portability, Bytecent never expire and there are no limitations on how many Bytecent you can accumulate or spend. BYC can be converted to Bitcoin, cash, and gift cards. Bytecent uses a variation of Proof-of-Work (PoW) for consensus that requires miners to manually attend to their computers and is called Proof-of-Miner (PoM). It's designed to prevent the use of advanced and autonomous mining hardware. Avanquest Software, a leading developer of consumer software, has implemented Bytecent for their rewards program.

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