What problem does this service solve?

Nxt provides users a modular toolset for DApp development.Elrond will allow developers to create more scalable DApps with faster transaction times.

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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

Ratings

Overall

4/5 (1)

(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