QuarkChain

by QuarkChain

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Matic Network

by Matic-Network India LLP

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Fantom

by Fantom

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QuarkChain

by QuarkChain

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Matic Network

by Matic-Network India LLP

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Fantom

by Fantom

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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.Matic provides scalability for DApps and smart contracts.Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

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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.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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