Hedera Hashgraph vs IPFS vs CyberMiles
What problem does this service solve?
The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. | IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient. | Cybermiles' goal is to provide for a toolkit for developers building decentralized e-commerce applications. |
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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. | The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system. | CyberMiles is developing a decentralized ecosystem for e-commerce. Their blockchain platform will provide users a library of e-commerce focused smart contracts to develop DApps and will facilitate decentralized settlements between parties. |