Matic Network

by Matic-Network India LLP

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DAEX

by DAEX Foundation

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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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DAEX

by DAEX Foundation

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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.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.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.

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX 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.

Ratings

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4/5 (1)