Solana Blockchain vs Hydrogen vs Komodo
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. | Hydro's goal is to provide a blockchain platform for creating DApps that require secure ID verification and authentication. | Komodo is a blockchain building platform. They assist clients in creating their own blockhains and decentralized applications. |
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. | Hydrogen is a fintech company that develops API' for creating financial applications. They are developing the open-source Hydro blockchain platform that emphasizes identity management and security. The network is powered by the Ethereum-based HYDRO token. | Komodo is a blockchain building platform that is focused on developing anonymity and security focused solutions. Komodo's platform, which was originally a fork of ZCash, is powered by the KMD token, and enables users to send anonymous transactions. Komodo has a delayed Proof of Work consensus algorithm. |