Semux

by Semux

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QuarkChain

by QuarkChain

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IPFS

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Semux

by Semux

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QuarkChain

by QuarkChain

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IPFS

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What problem does this service solve?

Semux aims to create a high performance blockchain for DApp development.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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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.

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 Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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