What problem does this service solve?

Infura's developer tools make it easier for DApps to access Ethereum and IPFS.

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications

Token Stats

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Company Description

Infura is a DApp infrastructure provider that was created by ConsenSys and gives developers the tools to securely access Ethereum and IPFS. Their API enables users to set up Ethereum Nodes, and then install, configure, and maintain the Ethereum infrastructure more easily, and at lower cost. Infura was originally created by ConsenSys.

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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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Infura vs Algorand vs NEAR Protocol

Infura

Algorand

NEAR Protocol