Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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FOAM

by FOAM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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FOAM

by FOAM Inc.

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.FOAM aims to to bring location data to blockchains and enable consensus driven mapping.

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.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

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