Phore

by Phore

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NEO

by NEO

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CanonChain

by CANONCHAIN.COM Inc.

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Phore

by Phore

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NEO

by NEO

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CanonChain

by CANONCHAIN.COM Inc.

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What problem does this service solve?

Phore's goal is to enable developers to create a variety of DApps with fast transaction times.NEO allows developers to create digital assets that can be managed with smart contracts.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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Company Description

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

NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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