Namecoin vs Penta vs Chromia
What problem does this service solve?
Namecoin is used to register domain names and record domain information on the blockchain. | Penta does not appear to solve any problems better than existing blockchain platforms. | Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated. |
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, | Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token. | Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy. |