Penta vs Parity Technologies vs Credits
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. |