Hedera Hashgraph vs ConsenSys vs CanonChain
What problem does this service solve?
The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. | ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain. | CannonChain's consensus mechanism encourages contributing network resources on smaller scales. |
Token Stats
Not Relevant |
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. | ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services. | 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. |