Penta

by Penta Global Foundation PTE.LTD

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Asch

by ASCH

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IPFS

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Penta

by Penta Global Foundation PTE.LTD

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Asch

by ASCH

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IPFS

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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.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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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.

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 Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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