IOST

by IOST

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QuarkChain

by QuarkChain

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Matic Network

by Matic-Network India LLP

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IOST

by IOST

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QuarkChain

by QuarkChain

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Matic Network

by Matic-Network India LLP

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What problem does this service solve?

The Internet of Services Token is focused on improving overall blockchain speed and performance.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.Matic provides scalability for DApps and smart contracts.

Token Stats

Company Description

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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