Penta

by Penta Global Foundation PTE.LTD

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Stakenet

by Stakenet

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VITE

by VITE Labs

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Penta

by Penta Global Foundation PTE.LTD

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Stakenet

by Stakenet

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VITE

by VITE Labs

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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.VITE's goal is to make it easier for developers to issue tokens and create DApps.

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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.

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.

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.

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