Penta vs Asch vs Avalanche Token
What problem does this service solve?
Penta does not appear to solve any problems better than existing blockchain platforms. | Asch's goal is to enable developers to create DApps for multiple blockchains. | Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. |
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. | Asch is developing a commercial blockchain ecosystem with multiple blockchains. The company is creating several SDK's and API's that will help developers build DApps that are based on JavaScript and customized sidechain architectures. The Asch network has a DPoS consensus mechanism that incorporates elements of PBFT for enhanced security. | The Avalanche token (AVAX) performs various tasks within Avalanche's Proof of Stake blockchain network. The Avalanche token functions as a rewards and payment system for users. The network is designed to be an open-source platform for launching highly decentralized applications, enterprise deployments, and decentralized financial instruments. The Avalanche ecosystem is meant to be smore scalable and interoperable than other blockchain platforms. Unlike Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins. |