Penta

by Penta Global Foundation PTE.LTD

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IPFS

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Cardstack

by Cardstack Foundation

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Penta

by Penta Global Foundation PTE.LTD

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IPFS

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Cardstack

by Cardstack Foundation

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.Cardstack aims to create an improved blockchain development ecosystem.

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.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Cardstack is a blockchain technology company that is developing an open-source framework and consensus protocol to make blockchains more usable and scalable. Their goal is to create a decentralized modular smart contract ecosystem. The Cardstack network is powered by the Ethereum-based CARD token.

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