Penta

by Penta Global Foundation PTE.LTD

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Ubiq

by Ubiq Technology

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NEAR Protocol

by NEAR

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Penta

by Penta Global Foundation PTE.LTD

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Ubiq

by Ubiq Technology

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NEAR Protocol

by NEAR

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications

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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.

Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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