RSK vs CanonChain vs Phore
What problem does this service solve?
RSK aims to improve the functionality and scale of the Bitcoin network. | CannonChain's consensus mechanism encourages contributing network resources on smaller scales. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
Token Stats
Company Description
RSK is an open source smart contract platform that is secured by the Bitcoin network. RSK is designed to add value and increase the functionality of the Bitcoin ecosystem by providing smart contracts that are compatible with the network's code and can be written in Solidity. RSK smart contracts are powered by the SmartBitcoin (RBTC) which is linked to Bitcoin. (1 RBTC=1 BTC) | CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |