Matic Network vs NEO vs Hyperion
What problem does this service solve?
Matic provides scalability for DApps and smart contracts. | NEO allows developers to create digital assets that can be managed with smart contracts. | Hyperion's goal is to create a decentralized marketplace for map data that will be generated by users. |
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. | NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms. | Hyperion is developing a decentralized mapping platform that will ensure user privacy and provide map services for DApps. The platform will give users incentives to contribute location data and will have a community governance model. The Hyperion network is powered by the Ethereum-based HYN token. |