Namecoin

by Namecoin

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HYCON

by HYCON, Glosfer Co., Ltd.

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QuarkChain

by QuarkChain

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Namecoin

by Namecoin

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HYCON

by HYCON, Glosfer Co., Ltd.

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QuarkChain

by QuarkChain

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What problem does this service solve?

Namecoin is used to register domain names and record domain information on the blockchain.HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

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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,
where a child blockchain is dependent on the Proof-of-Work consensus of the parent blockchain. This allows for Namecoin and Bitcoin to be mined simultaneously, and when a new block is created on Bitcoin, it will also be added to the Namecoin blockchain.
Namecoin is a very important project that represents one of the best use cases of blockchain technology in protecting free speech and resisting censorship on the internet. It is powered by the NMC coin. The decentralized DNS provides more security from hackers and government intervention.

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

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