Nxt

by Ardor Nxt Group

3.5/5

(1)
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Matic Network

by Matic-Network India LLP

(0)
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ChainLink

by SmartContract

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Nxt

by Ardor Nxt Group

3.5/5

(1)
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Matic Network

by Matic-Network India LLP

(0)
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ChainLink

by SmartContract

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What problem does this service solve?

Nxt provides users a modular toolset for DApp development.Matic provides scalability for DApps and smart contracts.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.

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 Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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.

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