NEAR Protocol

by NEAR

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Hedera Hashgraph

by Hedera Hashgraph

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Nxt

by Ardor Nxt Group

3.5/5

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NEAR Protocol

by NEAR

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Hedera Hashgraph

by Hedera Hashgraph

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsThe Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.Nxt provides users a modular toolset for DApp development.

Token Stats

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.
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Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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