Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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Chromia

by ChromaWay

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Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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Chromia

by ChromaWay

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated.

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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.

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.

Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy.

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