Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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Parity Technologies

by Parity Technologies

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Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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Parity Technologies

by Parity Technologies

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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.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.

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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.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

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