Penta

by Penta Global Foundation PTE.LTD

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Celer Network

by ScaleSphere Foundation Ltd

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Namecoin

by Namecoin

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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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Namecoin

by Namecoin

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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.Namecoin is used to register domain names and record domain information on the blockchain.

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.

Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism,
where a child blockchain is dependent on the Proof-of-Work consensus of the parent blockchain. This allows for Namecoin and Bitcoin to be mined simultaneously, and when a new block is created on Bitcoin, it will also be added to the Namecoin blockchain.
Namecoin is a very important project that represents one of the best use cases of blockchain technology in protecting free speech and resisting censorship on the internet. It is powered by the NMC coin. The decentralized DNS provides more security from hackers and government intervention.

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