Matic Network

by Matic-Network India LLP

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Aergo

by Blocko

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Nxt

by Ardor Nxt Group

3.5/5

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Matic Network

by Matic-Network India LLP

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Aergo

by Blocko

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.Aergo's goal is to create a better DApp development platform.Nxt provides users a modular toolset for DApp development.

Token Stats

Company Description

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

Aergo is developing an SQL based smart contract platform that will allow developers to more easily share data and create DApps. Their platform will combine elements of public and private blockchain architectures and will have a hybrid BFT/dPoS consensus mechanism. The ERGO Hub will serve as a blockchain hosting service that will allow users to test and deploy their own blockchains. Their network is currently powered by the Etherem-based AERGO token.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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