Penta

by Penta Global Foundation PTE.LTD

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Celer Network

by ScaleSphere Foundation Ltd

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BitNew Chain

by BTN Foundation

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Penta

by Penta Global Foundation PTE.LTD

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Celer Network

by ScaleSphere Foundation Ltd

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BitNew Chain

by BTN Foundation

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.BitNew Chain aims to make it easier to develop large scale DApps that can be used with a variety of hardware. They also claim that it will enable cross-chain communication and token exchanges.

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.

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

BitNew Chain is building a development platform for commercial DApps. BitNew Chain aims to make it easier to develop large scale DApps that can be used with hardware. It will be based on a two-tier decentralized blockchain network with standard physical masternodes, resource segregation, a decentralized computing subsystem(BTN-DC), and decentralized storage subsystem(BTN-FS). Consensus will be achieved through a hybrid mining process that will combine Proof-of-Stake (PoS) with Proof of Masternode. The network is powered by the BTN coin.

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