QuarkChain

by QuarkChain

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Hedera Hashgraph

by Hedera Hashgraph

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Nxt

by Ardor Nxt Group

3.5/5

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QuarkChain

by QuarkChain

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Hedera Hashgraph

by Hedera Hashgraph

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Nxt

by Ardor Nxt Group

3.5/5

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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.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.Nxt provides users a modular toolset for DApp development.

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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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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