Namecoin vs Cardano vs Aeternity
What problem does this service solve?
Namecoin is used to register domain names and record domain information on the blockchain. | Cardano is a blockchain project that is based on peer to peer review. Cardano's smart contract platform aims to become the internet of blockchains. Their goal is to create a research driven decentralized network that is more sustainable and scalable than others. | Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data. |
Token Stats
Company Description
Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism, | The Cardano blockchain is a 3rd generation blockchain platform that was designed with a collaborative peer-to-peer review system, It aims to improve upon prior blockchain systems to enable larger and more sustainable uses of the technology. | Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain. |