Rise vs Ignis vs Penta
What problem does this service solve?
Rise hopes to create a blockchain platform that will have faster transaction times and will handle larger volumes. | Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear. | Penta does not appear to solve any problems better than existing blockchain platforms. |
Token Stats
Company Description
Rise is building a blockchain development platform with dPoS consensus. Their protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the RISE coin. They hope to significantly improve transaction times and reduce fees, while providing developers with a tool set to create DApps in several programming languages. | 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. | Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token. |