Hedera Hashgraph vs CanonChain vs Credits
What problem does this service solve?
The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. | CannonChain's consensus mechanism encourages contributing network resources on smaller scales. | Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes. |
Token Stats
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. | 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. | Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees. |