Solana Blockchain

by Solana Labs

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CyberMiles

by CyberMiles

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Nxt

by Ardor Nxt Group

3.5/5

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Solana Blockchain

by Solana Labs

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CyberMiles

by CyberMiles

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

Solana allows developers to create DApps with faster performance by separating the consensus process from the recording of transactions.Cybermiles' goal is to provide for a toolkit for developers building decentralized e-commerce applications.Nxt provides users a modular toolset for DApp development.

Token Stats

Company Description

The Solana blockchain uses an innovative Proof of History mechanism to confirm transactions that are recorded on the network. Solana is designed to separate the consensus process from the flow of transactions. This is done with a recursive, verifiable delay function that hashes incoming transactions, and recording information as a function of time. Every node on the Solana blockchain is assigned a cryptographic clock that enables the network to determine the time and ordering of transactions, without having to wait for consensus from other nodes. By separating the process of transaction verification from their recording, a higher throughput is achieved without sacrificing network security.

CyberMiles is developing a decentralized ecosystem for e-commerce. Their blockchain platform will provide users a library of e-commerce focused smart contracts to develop DApps and will facilitate decentralized settlements between parties.
The Cybermiles blockchain will be optimized specifically for e-commerce exchanges and will maintain records of users' identities, credit histories, and reputation scores. Users will be able to enter into smart business contracts without human intervention.
The CMT token will power the CyberMiles e-commerce network

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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