Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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Zilliqa

by Zilliqa

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Penta

by Penta Global Foundation PTE.LTD

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QuarkChain

by QuarkChain

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Zilliqa

by Zilliqa

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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.Zilliqa is building a scalable development platform based on sharding.

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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.

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

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