Matic Network

by Matic-Network India LLP

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Celer Network

by ScaleSphere Foundation Ltd

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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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Celer Network

by ScaleSphere Foundation Ltd

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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.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.Nxt provides users a modular toolset for DApp development.

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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.

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

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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