Penta

by Penta Global Foundation PTE.LTD

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Aeternity

by Aeternity

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Algorand

by Algorand

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Penta

by Penta Global Foundation PTE.LTD

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Aeternity

by Aeternity

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Algorand

by Algorand

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

Token Stats

Company Description

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

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