OneRoot Network

by OneRoot Foundation

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DAEX

by DAEX Foundation

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IPFS

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OneRoot Network

by OneRoot Foundation

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DAEX

by DAEX Foundation

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IPFS

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What problem does this service solve?

The OneRoot Network wants to create a development platform for DApps.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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Company Description

The OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision.

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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