Klaytn Coin vs Chain vs Scatter
What problem does this service solve?
Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism. | Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends. | Scatter allows users to interact with EOS-based web DApps. |
Token Stats
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Company Description
Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network. | Chain is a blockchain software company that creates blockchain-based systems for financial institutions and major companies. They've developed blockchain solutions for companies like Nasdaq, Visa, and Citigroup, as well as a variety of crytpocurrencies. Chain has been successful in incorporating distributed ledger technology in very large and influential companies. Their focus is on using the core innovations of blockchain to improve existing systems. Chain uses blockchain as a software tool that can be applied where it is important for services or product to have more trust, or to build a network without an intermediary | Scatter is a browser extension for the EOS blockchain that enables users to sign transactions on the EOS blockchain. Users are able to sign transactions with their private keys from web applications without having to expose their personal information. The founders of Scatter are also developing the Reputation and Identity Layer (RIDL), which will provide a reputation system that will add trust and transparency to the DApp ecosystem. |