HYCON

by HYCON, Glosfer Co., Ltd.

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Kadena

by Kadena

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Klaytn Coin

by GroundX

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HYCON

by HYCON, Glosfer Co., Ltd.

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Kadena

by Kadena

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Klaytn Coin

by GroundX

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What problem does this service solve?

HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.Kadena is a software development company working to encourage business adoption of blockchain. They create custom-built solutions for their clients that use both private and public blockchains.Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.

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Company Description

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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Kadena is a software development company that builds blockchain-based platforms for a range of businesses. They develop purpose-built blockchain solutions for their clients by using proprietary solutions that are aimed at being both secure and scalable. Kadena offers both private and public blockchain platforms, with smart contracts written in the Pact programming language. They've also developed an innovative proof-of-work architecture called ChainWeb that could have a variety of applications.
Kadena's founders have experience working for the U.S. Securities and Exchange Commission (SEC) and JPMorgan Chase Bank. The company has raised significant funding and is well positioned to be play a big role in developing future blockchain solutions for large financial institutions.

Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

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