Nxt

by Ardor Nxt Group

3.5/5

(1)
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QuarkChain

by QuarkChain

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Veritaseum

by Veritaseum

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Nxt

by Ardor Nxt Group

3.5/5

(1)
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QuarkChain

by QuarkChain

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Veritaseum

by Veritaseum

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What problem does this service solve?

Nxt provides users a modular toolset for DApp development.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.Veritaseum provides blockchain-based software solutions for financial clients. Their network makes it easier for clients to create their own sub-tokens and decentralized applications to interact with capital markets.

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.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

Veritaseum develops blockchain-based software solutions for capital markets. Their goal is to decentralize access to these markets, with both centralized and decentralized solutions, for a range of financial institutions. The company assists their clients in building bespoke decentralized applications. Veritaseum's software solutions are built upon their platform, which allows for the creation of Veritas sub-tokens that serve the specific needs of the client.

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