Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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Hedera Hashgraph

by Hedera Hashgraph

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Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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Hedera Hashgraph

by Hedera Hashgraph

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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.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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