Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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Celer Network

by ScaleSphere Foundation Ltd

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Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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Celer Network

by ScaleSphere Foundation Ltd

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.Harmony's goal is to create a consensus mechanism that will scale for larger networks.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.

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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.

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

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.

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