Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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VITE

by VITE Labs

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Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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VITE

by VITE Labs

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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.VITE's goal is to make it easier for developers to issue tokens and create 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.

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.

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.

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