Penta

by Penta Global Foundation PTE.LTD

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OneRoot Network

by OneRoot Foundation

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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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OneRoot Network

by OneRoot Foundation

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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.The OneRoot Network wants to create a development platform for DApps.Nxt 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.

The OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision.

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)