Namecoin vs Omnitude vs Elrond
What problem does this service solve?
Namecoin is used to register domain names and record domain information on the blockchain. | Omnitude makes it easier for companies to adopt blockchain. | Elrond will allow developers to create more scalable DApps with faster transaction times. |
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, | Omnitude is developing a blockchain e-commerce toolkit for businesses to integrate blockchain technology with their existing systems. They provide clients with blockchain middleware solutions that can be adopted more easily. The Omnitude network is powered by the Ethereum-based ECOM token. | The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel. |