Hedera Hashgraph

by Hedera Hashgraph

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EdenChain

by EdenChain

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Nxt

by Ardor Nxt Group

3.5/5

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Hedera Hashgraph

by Hedera Hashgraph

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EdenChain

by EdenChain

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Nxt

by Ardor Nxt Group

3.5/5

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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.EdenChain aims to create a high performance blockchain for enterprises, that will allow them to convert assets into digital tokens.Nxt provides users a modular toolset for DApp development.

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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.

EdenChain is developing an enterprise tokenization platform that will be based on their permissioned blockchain technology. Their goal is to enable enterprises to create customized digital assets based on their unique needs, and still maintain a high degree of control and privacy. EdenChain will use Merkle Tree and Namespace technology to solve performance issues by executing transactions in parallel; thus enabling more transactions per second, with lower transaction fees. EdenChain utilizes both a hardware and software solution to arrive at a consensus, and has a triple layer architecture that is significantly different from other tokenization platforms. Their hybrid consensus mechanism that will combine a protocol called Median Voter Thereom (MVT) with Proof-of-Elapsed-Time (PoET). PoET was designed and marketed by Intel, and is similar to PoW but requires less electricity. The company issued an Ethereum-based token called EDN.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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