Namecoin vs HYCON vs Universa
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. | Universa aims to enable faster transactions and smart contracts that can be executed offline. |
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, | 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. \ | Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token. |