IPFS

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VestChain

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Aeternity

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IPFS

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VestChain

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Aeternity

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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.VestChain aims to create a better performing smart contract platform.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.

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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.

VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token.

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.

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