Penta

by Penta Global Foundation PTE.LTD

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IOST

by IOST

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ConsenSys

by ConsenSys

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Penta

by Penta Global Foundation PTE.LTD

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IOST

by IOST

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ConsenSys

by ConsenSys

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.The Internet of Services Token is focused on improving overall blockchain speed and performance.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.

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.

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

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.

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