Skycoin

by Skycoin

(0)
View Profile

Penta

by Penta Global Foundation PTE.LTD

(0)
View Profile

BitNew Chain

by BTN Foundation

(0)
View Profile

Skycoin

by Skycoin

(0)
View Profile

Penta

by Penta Global Foundation PTE.LTD

(0)
View Profile

BitNew Chain

by BTN Foundation

(0)
View Profile

What problem does this service solve?

Skycoin aims to decentralize the internet and provide a platform to build DApps.Penta does not appear to solve any problems better than existing blockchain platforms.BitNew Chain aims to make it easier to develop large scale DApps that can be used with a variety of hardware. They also claim that it will enable cross-chain communication and token exchanges.

Token Stats

Company Description

Skycoin began as an ambitious infrastructure project aimed at replacing the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms that dominate current blockchain platforms. It has since evolved into a project focused on creating a decentralized mesh-Internet and a platform for other blockchain-based projects. Skycoin is developing an ecosystem with a variety of goals, including: the elimination of mining rewards, development of energy-efficient custom hardware, advancing security and privacy, and achieving transaction speeds that rival current digital payment systems. The ecosystem consists of the native SKY coin, Skywire (decentralized mesh-Internet), Skyminer (hardware and access point for Skywire), Skyledger (decentralized open blockchain network), and a suite of DApps. The consensus algorithm is called Obelisk. The network's nodes agree based on a Web-of-Trust consensus. The ability to influence transaction verification is distributed over the network creating a web of trust. To eliminate mining completely each node on the network connects to a list of nodes that it sees as trustworthy.

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.

BitNew Chain is building a development platform for commercial DApps. BitNew Chain aims to make it easier to develop large scale DApps that can be used with hardware. It will be based on a two-tier decentralized blockchain network with standard physical masternodes, resource segregation, a decentralized computing subsystem(BTN-DC), and decentralized storage subsystem(BTN-FS). Consensus will be achieved through a hybrid mining process that will combine Proof-of-Stake (PoS) with Proof of Masternode. The network is powered by the BTN coin.

Ratings

(0)

(0)

(0)