RSK

by IOV Labs

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Parity Technologies

by Parity Technologies

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CanonChain

by CANONCHAIN.COM Inc.

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RSK

by IOV Labs

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Parity Technologies

by Parity Technologies

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CanonChain

by CANONCHAIN.COM Inc.

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What problem does this service solve?

RSK aims to improve the functionality and scale of the Bitcoin network.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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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)
RSK developed the RIF Token which is intended to enable users to access a range of DApps within their ecosystem. In September 2019, RSK purchased the Spanish social media platform Taringa with the goal of using the RIF token as an incentive to encourage users to share content.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

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.

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