Matic Network vs Klaytn Coin vs MetaHash
What problem does this service solve?
Matic provides scalability for DApps and smart contracts. | Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism. | MetaHash's goal is to create a faster blockchain platform that will enable better DApp performance. |
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. | Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network. | MetaHash is developing a blockchain platform for creating DApps. Their network has a multi Proof-of-Stake (PoS) consensus mechanism that is designed to increase transaction speeds and block formation times by using all of the nodes on the network. |