Solana Blockchain

by Solana Labs

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Penta

by Penta Global Foundation PTE.LTD

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Zilliqa

by Zilliqa

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Solana Blockchain

by Solana Labs

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Penta

by Penta Global Foundation PTE.LTD

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Zilliqa

by Zilliqa

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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.Penta does not appear to solve any problems better than existing blockchain platforms.Zilliqa is building a scalable development platform based on sharding.

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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.

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.

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

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