Hedera Hashgraph vs Universa 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. | Universa aims to enable faster transactions and smart contracts that can be executed offline. | CannonChain's consensus mechanism encourages contributing network resources on smaller scales. |
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. | Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token. | 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. |