Solana Blockchain

by Solana Labs

(0)
View Profile

ProximaX

by ProximaX

(0)
View Profile

IPFS

by

(0)
View Profile

Solana Blockchain

by Solana Labs

(0)
View Profile

ProximaX

by ProximaX

(0)
View Profile

IPFS

by

(0)
View Profile

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.ProximaX aims to create a high performance blockchain platform for developers to create DApss with decentralized storage, messaging, streaming, and content delivery services.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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.

ProximaX is developing a NEM-based platform with several on-chain and off-chain protocols. At its core, ProximaX is based on the NEM blockchain, and is designed to be an all-in-one platform for developing DApps. The platform has several parallel layers that are intended to provide decentralized storage, messaging, streaming, and content delivery services. The network is powered by the NEM-based XPX token. ProximaX intends on using a hybrid consensus mechanism for validating value transfers on these layers. Consensus will be driven with a combination of Proof-of-Importance (PoI), Proof-of-Storage (PoSt), and Proof-of-Bandwidth (PoB).

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Ratings

(0)

(0)

(0)