Parity Technologies

by Parity Technologies

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QLC Chain

by QLC Chain

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CanonChain

by CANONCHAIN.COM Inc.

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Parity Technologies

by Parity Technologies

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QLC Chain

by QLC Chain

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CanonChain

by CANONCHAIN.COM Inc.

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What problem does this service solve?

Parity's software makes it easier for organizations, end-users, and developers to use blockchain.QLC is building a DApp development platform designed to encourage greater decentralization.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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Company Description

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

QLC Chain, formerly known as QLink, is developing a Network-as-a-Service blokchain platform. It will allow them to provide decentralized network services and serve as a DApp development platform. The QLC network is currently built on NEO but will transition to their own blockchain in the future. The QLC Chain will have a hybrid consensus mechanism called Shannon consensus. It will combine elements of delegated Proof-of-Stake (dPoS) with a regulating mechanism that is designed to encourage participation by more nodes.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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