Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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GoChain

by GoChain

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Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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GoChain

by GoChain

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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.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.

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.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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