Nxt

by Ardor Nxt Group

3.5/5

(1)
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ChainLink

by SmartContract

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Hedera Hashgraph

by Hedera Hashgraph

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Nxt

by Ardor Nxt Group

3.5/5

(1)
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ChainLink

by SmartContract

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Hedera Hashgraph

by Hedera Hashgraph

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What problem does this service solve?

Nxt provides users a modular toolset for DApp development.ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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.

ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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