HYCON

by HYCON, Glosfer Co., Ltd.

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NEO

by NEO

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ProximaX

by ProximaX

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HYCON

by HYCON, Glosfer Co., Ltd.

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NEO

by NEO

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ProximaX

by ProximaX

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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.NEO allows developers to create digital assets that can be managed with smart contracts.ProximaX aims to create a high performance blockchain platform for developers to create DApss with decentralized storage, messaging, streaming, and content delivery services.

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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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NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

ProximaX is developing a NEM-based platform with several on-chain and off-chain protocols. At its core, ProximaX is based on the NEM blockchain, and is designed to be an all-in-one platform for developing DApps. The platform has several parallel layers that are intended to provide decentralized storage, messaging, streaming, and content delivery services. The network is powered by the NEM-based XPX token. ProximaX intends on using a hybrid consensus mechanism for validating value transfers on these layers. Consensus will be driven with a combination of Proof-of-Importance (PoI), Proof-of-Storage (PoSt), and Proof-of-Bandwidth (PoB).

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