Nxt

by Ardor Nxt Group

3.5/5

(1)
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Bytecent

by Bytecent

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High Performance Blockchain

by High Performance Blockchain

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Nxt

by Ardor Nxt Group

3.5/5

(1)
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Bytecent

by Bytecent

(0)
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High Performance Blockchain

by High Performance Blockchain

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What problem does this service solve?

Nxt provides users a modular toolset for DApp development.Bytecent allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent.HPB is building an improved blockchain infrastructure based on hardware accelerator chip drivers. It wants to drastically increase the number of transactions that can be processed.

Token Stats

Company Description

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

Bytecent is developing a decentralized rewards network powered by blockchain. Bytecent allows merchants to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them anywhere Bytecent is accepted. In addition to secure transactions and portability, Bytecent never expire and there are no limitations on how many Bytecent you can accumulate or spend. BYC can be converted to Bitcoin, cash, and gift cards. Bytecent uses a variation of Proof-of-Work (PoW) for consensus that requires miners to manually attend to their computers and is called Proof-of-Miner (PoM). It's designed to prevent the use of advanced and autonomous mining hardware. Avanquest Software, a leading developer of consumer software, has implemented Bytecent for their rewards program.

High Performance Blockchain (HPB) is a Chinese company that is developing an improved blockchain infrastructure. Their goal is to dramatically improve the speed of transactions and throughput of existing blockchain systems. HPB has been called the EOS of China.
Similar to EOS, HPB uses a delegated Proof of Stake (DPoS) consensus algorithm that will enable parallel processing. It will also aid in improving the performance of their blockchain, and they hope that it will enable the creation of an ecosystem for the creation of decentralized applications.
HPB's platform is based on hardware accelerator chip drivers. The accelerator chips can be customized and will aid in the performance of the blockchain. HPB has the ambitious goal of enabling 1 million transactions per second.
The company's founders are well connected in the blockchain and payment sector in China. NEO is one of the chief investors in the company, and they also works with Union Pay; which is an influential payment network that connects banks in China.

Ratings

Overall

4/5 (1)

(0)

(0)

How useful is this tool in creating decentralized applications?

4/5

How does this platform compare to similar development tools?

4/5

How effective is this tool in encouraging blockchain adoption?

2/5

How scalable is this platform?

4/5

How likely is it that this tool will still be used in 10 years?

4/5