OneRoot Network

by OneRoot Foundation

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DAEX

by DAEX Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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OneRoot Network

by OneRoot Foundation

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DAEX

by DAEX Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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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.Nxt provides users a modular toolset for DApp development.

Token Stats

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.

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.

Ratings

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4/5 (1)