Penta

by Penta Global Foundation PTE.LTD

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ConsenSys

by ConsenSys

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Ubiq

by Ubiq Technology

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Penta

by Penta Global Foundation PTE.LTD

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ConsenSys

by ConsenSys

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Ubiq

by Ubiq Technology

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.

Token Stats

Not Relevant

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.

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.

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