ProximaX

by ProximaX

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Algorand

by Algorand

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The Graph Token

by The Graph

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ProximaX

by ProximaX

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Algorand

by Algorand

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The Graph Token

by The Graph

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What problem does this service solve?

ProximaX aims to create a high performance blockchain platform for developers to create DApss with decentralized storage, messaging, streaming, and content delivery services.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.The Graph aims to make it easier to querry blockchain data.

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Company Description

ProximaX is developing a NEM-based platform with several on-chain and off-chain protocols. At its core, ProximaX is based on the NEM blockchain, and is designed to be an all-in-one platform for developing DApps. The platform has several parallel layers that are intended to provide decentralized storage, messaging, streaming, and content delivery services. The network is powered by the NEM-based XPX token. ProximaX intends on using a hybrid consensus mechanism for validating value transfers on these layers. Consensus will be driven with a combination of Proof-of-Importance (PoI), Proof-of-Storage (PoSt), and Proof-of-Bandwidth (PoB).

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

The Graph Token is the native currency of the The Graph ecosystem. Their goal is to create an indexing protocol for querying decentralized networks, and allow anyone to publish open APIs, called subgraphs, which will make this data more accessible. These subgraphs can be composed into a global graph, and can then be transformed, organized, and shared across applications for anyone to query with just a few keystrokes.

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