Semux vs Klaytn Coin vs Celer Network
What problem does this service solve?
Semux aims to create a high performance blockchain for DApp development. | Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism. | Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity. |
Token Stats
Company Description
Semux is developing a blockchain platform for creating decentralized applications. Semux's platform is written entirely in Java and is powered by the native SEM coin. It has a Byzantine Fault Tolerant consensus algorithm that is designed to confirm transactions quickly. | Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network. | Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains. |