Penta

by Penta Global Foundation PTE.LTD

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NEO

by NEO

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Matic Network

by Matic-Network India LLP

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Penta

by Penta Global Foundation PTE.LTD

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NEO

by NEO

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Matic Network

by Matic-Network India LLP

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.NEO allows developers to create digital assets that can be managed with smart contracts.Matic provides scalability for DApps and smart contracts.

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.

NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

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.

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