Penta

by Penta Global Foundation PTE.LTD

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HYCON

by HYCON, Glosfer Co., Ltd.

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Ubiq

by Ubiq Technology

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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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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.HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.

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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.

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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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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