Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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XMax

by XMax

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Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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XMax

by XMax

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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.XMax will provide developers with the tools to more easily prototype and launch their entertainment-related 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.

XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

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