IPFS

by

(0)
View Profile

TrueChain

by TrueChain

(0)
View Profile

Elrond

by Elrond

(0)
View Profile

IPFS

by

(0)
View Profile

TrueChain

by TrueChain

(0)
View Profile

Elrond

by Elrond

(0)
View Profile

What problem does this service solve?

IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.TrueChain wants to improve blockchain performance with a hybrid consensus model.Elrond will allow developers to create more scalable DApps with faster transaction times.

Token Stats

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.

TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized.
TrueChain's architecture also hopes to improve transaction times and reduce fees, by including a sharding mechanism that is locked to Gas fees. The first use cases for their platform will be digital advertising solutions.
The company is backed by several large Chinese blockchain companies, including ZB.com; one of the largest cryptocurrency exchanges. digital advertising industry

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

Ratings

(0)

(0)

(0)