Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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Fantom

by Fantom

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Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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Fantom

by Fantom

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsFantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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