What problem does this service solve?

Phore's goal is to enable developers to create a variety of DApps with fast transaction times.

Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.

IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

Token Stats

Company Description

Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications.

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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Phore vs Credits vs IPFS

Phore

Credits

IPFS