Solana Blockchain

by Solana Labs

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EvenCoin

by EvenCoin

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Skycoin

by Skycoin

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Solana Blockchain

by Solana Labs

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EvenCoin

by EvenCoin

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Skycoin

by Skycoin

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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.EvenCoin's smart contract platform operates in parallel to Ethereum and does not require any hardware to operate its network.Skycoin aims to decentralize the internet and provide a platform to build DApps.

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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.

EvenCoin is a self-mining smart contract platform that is built on the Ethereum blockchain. EvenCoin is mined in parallel to even numbers of Ethereum blocks. The team behind EvenCoin are developing several decentralized projects that will use the self-mining protocol, including an exchange and a travel booking platform.

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.

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