QuarkChain

by QuarkChain

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Matic Network

by Matic-Network India LLP

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Ignis

by Jelurida

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QuarkChain

by QuarkChain

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Matic Network

by Matic-Network India LLP

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Ignis

by Jelurida

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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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

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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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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