IPFS vs VestChain vs Ubiq
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. | Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution. |
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. | 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. | Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin. |