NEAR Protocol

by NEAR

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Holo

by Holochain

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Elrond

by Elrond

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NEAR Protocol

by NEAR

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Holo

by Holochain

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Elrond

by Elrond

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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 applicationsHolo wants to offer a decentralized hosting solution for DApps.Elrond will allow developers to create more scalable DApps with faster transaction times.

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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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Holo is a decentralized hosting provider that is built on top of Holochain. DApps can be set up and deployed with Holo hosting, as a decentralized alternative to Amazon Web Services, or other centralized hosting solutions.
Holochain is a protocol for creating decentralized Apps and is different from blockchain protocols in several ways. The main difference being that Holochain takes an agent-centric approach to their consensus mechanism, and has a different approach to validating value transfers.
The HOT token is used for paying for hosting services on Holo, and users can be paid for offering their computing resources.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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