NEAR Protocol vs Hedera Hashgraph vs V Systems
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 | The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. | V Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps. |
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. | 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. | V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system. |