Penta

by Penta Global Foundation PTE.LTD

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Stakenet

by Stakenet

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Nxt

by Ardor Nxt Group

3.5/5

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Penta

by Penta Global Foundation PTE.LTD

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Stakenet

by Stakenet

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets.Nxt provides users a modular toolset for DApp development.

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.

Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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4/5 (1)