NEAR Protocol vs Namecoin vs DAPP Network
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 | Namecoin is used to register domain names and record domain information on the blockchain. | The DAPP Network aims to be an incentive driven network for collaboration that will address the technical barriers for creating scalable DApps. |
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. | 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, | The DAPP Network is a development focused network that aims to promote the adoption of decentralized applications (DApps). The DAPP Network is designed to incentivize the creation of development tools to solve the technical limitations of developing DApps. The network is powered by the DAPP token. |