NEAR Protocol vs Blockstream vs Ignis
What problem does this service solve?
NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications | Blockstream is an influential blockchain technology company that is one of the largest contributors to the Bitcoin Core. It offers software and hardware solutions, as well as professional services. | Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear. |
Token Stats
Not Relevant |
Company Description
NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues. | Blockstream is a private, for profit, blockchain technology company, that has played a key role in helping to develop, and fund, many of the key features of the Bitcoin Core platform. Blockstream is focused on developing bitcoin applications and has raised significant funding from several large investment funds. The company also employs several developers that are very influential within the Bitcoin Core development project. This, as well as being of Bitcoin's largest donors, has led to some criticism about conflicts of interest. | Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture. |