Matic Network

by Matic-Network India LLP

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Elrond

by Elrond

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Ignis

by Jelurida

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Matic Network

by Matic-Network India LLP

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Elrond

by Elrond

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Ignis

by Jelurida

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.Elrond will allow developers to create more scalable DApps with faster transaction times.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

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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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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