Ignis vs Algorand vs Universa
What problem does this service solve?
Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear. | Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus. | Universa aims to enable faster transactions and smart contracts that can be executed offline. |
Token Stats
Company Description
Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture. | Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography. | 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. |