Ignis vs Komodo vs ChainLink
What problem does this service solve?
Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear. | Komodo is a blockchain building platform. They assist clients in creating their own blockhains and decentralized applications. | ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up. |
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. | Komodo is a blockchain building platform that is focused on developing anonymity and security focused solutions. Komodo's platform, which was originally a fork of ZCash, is powered by the KMD token, and enables users to send anonymous transactions. Komodo has a delayed Proof of Work consensus algorithm. | ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware. |