HYCON

by HYCON, Glosfer Co., Ltd.

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Kadena

by Kadena

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Nxt

by Ardor Nxt Group

3.5/5

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HYCON

by HYCON, Glosfer Co., Ltd.

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Kadena

by Kadena

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Nxt

by Ardor Nxt Group

3.5/5

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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.Nxt provides users a modular toolset for DApp development.

Token Stats

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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.

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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