Penta

by Penta Global Foundation PTE.LTD

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Aeternity

by Aeternity

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UMA Token

by Risk Labs

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Penta

by Penta Global Foundation PTE.LTD

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Aeternity

by Aeternity

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UMA Token

by Risk Labs

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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.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

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.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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