NEAR Protocol

by NEAR

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RIF Token

by RIF Labs Limited

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CanonChain

by CANONCHAIN.COM Inc.

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NEAR Protocol

by NEAR

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RIF Token

by RIF Labs Limited

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CanonChain

by CANONCHAIN.COM Inc.

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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 applicationsRIF's goal is to allow developers to integrate smart contracts on the Bitcoin blockchain.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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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RIF Token powers the Root Infrastructure Framework Open Standard network. The platform will consist of a suite of open and decentralized infrastructure protocols that will enable faster and easier development of DApps that can work on the Bitcoin blockchain. RIF is built on the RSK smart contract platform, which is secured by Bitcoin's blockchain.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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