Klaytn Coin vs IPFS 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. | IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient. | Scatter allows users to interact with EOS-based web DApps. |
Token Stats
Not Relevant |
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. | 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. | 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. |