Matic Network

by Matic-Network India LLP

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Celer Network

by ScaleSphere Foundation Ltd

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Penta

by Penta Global Foundation PTE.LTD

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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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Penta

by Penta Global Foundation PTE.LTD

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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.Penta does not appear to solve any problems better than existing blockchain platforms.

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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.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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