IPFS

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Aeternity

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Celer Network

by ScaleSphere Foundation Ltd

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IPFS

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Aeternity

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Celer Network

by ScaleSphere Foundation Ltd

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What problem does this service solve?

IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.

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Company Description

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

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