Solana Blockchain

by Solana Labs

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RealTract

by RealTract

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Algorand

by Algorand

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Solana Blockchain

by Solana Labs

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RealTract

by RealTract

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Algorand

by Algorand

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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.RealTract's goal is to create a better performing smart contract platform.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

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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.

RealTract is developing a smart contract platform based on a Directed Acylic Graph (DAG) protocol. They hope to create a faster and more scalable smart contract platform that can handle more use cases. The RealTract network is currently powered by the Ethereum-based RET token.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

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