Matic Network vs Harmony vs Zilliqa
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. | Zilliqa is building a scalable development platform based on sharding. |
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. | 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. | Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks. |