Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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Nxt

by Ardor Nxt Group

3.5/5

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Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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Nxt

by Ardor Nxt Group

3.5/5

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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 applicationsNxt provides users a modular toolset for DApp development.

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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Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

Ratings

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4/5 (1)