Penta

by Penta Global Foundation PTE.LTD

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HYCON

by HYCON, Glosfer Co., Ltd.

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Holo

by Holochain

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Penta

by Penta Global Foundation PTE.LTD

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HYCON

by HYCON, Glosfer Co., Ltd.

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Holo

by Holochain

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.Holo wants to offer a decentralized hosting solution for DApps.

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.

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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Holo is a decentralized hosting provider that is built on top of Holochain. DApps can be set up and deployed with Holo hosting, as a decentralized alternative to Amazon Web Services, or other centralized hosting solutions.
Holochain is a protocol for creating decentralized Apps and is different from blockchain protocols in several ways. The main difference being that Holochain takes an agent-centric approach to their consensus mechanism, and has a different approach to validating value transfers.
The HOT token is used for paying for hosting services on Holo, and users can be paid for offering their computing resources.

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