ProximaX

by ProximaX

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XMax

by XMax

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Algorand

by Algorand

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ProximaX

by ProximaX

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XMax

by XMax

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Algorand

by Algorand

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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.XMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

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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).

XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

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.

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