Penta

by Penta Global Foundation PTE.LTD

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Matic Network

by Matic-Network India LLP

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Rise

by Rise

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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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Rise

by Rise

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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.Rise hopes to create a blockchain platform that will have faster transaction times and will handle larger volumes.

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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.

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.

Rise is building a blockchain development platform with dPoS consensus. Their protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the RISE coin. They hope to significantly improve transaction times and reduce fees, while providing developers with a tool set to create DApps in several programming languages.

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