Penta

by Penta Global Foundation PTE.LTD

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Parity Technologies

by Parity Technologies

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Elrond

by Elrond

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Penta

by Penta Global Foundation PTE.LTD

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Parity Technologies

by Parity Technologies

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Elrond

by Elrond

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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.Elrond will allow developers to create more scalable DApps with faster transaction times.

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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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