Parity Technologies

by Parity Technologies

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Stakenet

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Nebulas

by Nebulas

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Parity Technologies

by Parity Technologies

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Stakenet

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Nebulas

by Nebulas

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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.Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets.Nebulas focuses on searches among decentralized applications, smart contracts, and blockchain assets, as well as creating smart contracts that can be upgraded.

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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.

Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks.

Nebulas is an innovative project that aims to be the first blockchain search engine. It has been called the “Google for Blockchains." They want to build a self-evolving blockchain system that is based on incentives and will also provide a development infrastructure. The company developed two concepts to achieve their goal: Rank and Force. Similar to Google's PageRank, Nebulas Rank will be a measure of overall value for blockchains. While Nebulas Force, will be a solution that will support smart contracts, and will be able to adapt to market demands. This will prevent forking from occurring because new technologies can be incorporated and bugs can be fixed without changing the underlying code. The development system will provide all of the essential tools needed to create distributed applications. One of the key components of the platform is the incentive structure that has a Developer Incentive Protocol (DIP) and a Proof of Devotion (PoD) protocol that will reward users with Nebulas tokens to create quality applications. Nebulas was created by Hitters Xu, who is also the founder of NEO, and is an important figure in the Chinese blockchain community.

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