Hedera Hashgraph

by Hedera Hashgraph

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Algorand

by Algorand

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NEO

by NEO

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Hedera Hashgraph

by Hedera Hashgraph

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Algorand

by Algorand

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NEO

by NEO

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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.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.NEO allows developers to create digital assets that can be managed with smart contracts.

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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.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

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