Solana Blockchain vs Hydrogen vs VITE
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. | VITE's goal is to make it easier for developers to issue tokens and create DApps. |
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. | VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token. |