QuarkChain

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Aeternity

by Aeternity

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Algorand

by Algorand

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QuarkChain

by QuarkChain

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Aeternity

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Algorand

by Algorand

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What problem does this service solve?

QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.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

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

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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