Klaytn Coin

by GroundX

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Cryptaur

by Cryptaur

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Stakenet

by Stakenet

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Klaytn Coin

by GroundX

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Cryptaur

by Cryptaur

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Stakenet

by Stakenet

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What problem does this service solve?

Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.Cryptaur is a DApp development and payment network.Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets.

Token Stats

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.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

Cryptaur is a Lithuanian company that is buildingg an Ethereum based payment and DApp development network. Cryptaur does not appear to have any distinct advantages over other decentralized networks. Cryptaur has plans to create a social capital management system that will be based on their Proof of Contribution algorithm.

Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks.

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