NEO

by NEO

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OneRoot Network

by OneRoot Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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NEO

by NEO

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OneRoot Network

by OneRoot Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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What problem does this service solve?

NEO allows developers to create digital assets that can be managed with smart contracts.The OneRoot Network wants to create a development platform for DApps.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

Token Stats

Company Description

NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

The OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision.

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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