Penta

by Penta Global Foundation PTE.LTD

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Parity Technologies

by Parity Technologies

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Credits

by Credits

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Penta

by Penta Global Foundation PTE.LTD

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Parity Technologies

by Parity Technologies

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Credits

by Credits

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.

Token Stats

Not Relevant

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.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

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