Penta

by Penta Global Foundation PTE.LTD

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Parity Technologies

by Parity Technologies

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Ignis

by Jelurida

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Penta

by Penta Global Foundation PTE.LTD

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Parity Technologies

by Parity Technologies

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Ignis

by Jelurida

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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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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