Namecoin vs Phore vs Celer Network
What problem does this service solve?
Namecoin is used to register domain names and record domain information on the blockchain. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. | Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity. |
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, | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. | Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains. |