Penta

by Penta Global Foundation PTE.LTD

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Matic Network

by Matic-Network India LLP

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Ignis

by Jelurida

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Penta

by Penta Global Foundation PTE.LTD

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Matic Network

by Matic-Network India LLP

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Ignis

by Jelurida

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Matic provides scalability for DApps and smart contracts.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

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 Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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