Solana Blockchain

by Solana Labs

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Swarm

by Swarm

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ProximaX

by ProximaX

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Solana Blockchain

by Solana Labs

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Swarm

by Swarm

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ProximaX

by ProximaX

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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.Swarm's tokenization platform allows users to create tokens that represent ownership of part of an asset, secure rights to any revenue streams from that asset, and trade these tokens in a compliant manner.ProximaX aims to create a high performance blockchain platform for developers to create DApss with decentralized storage, messaging, streaming, and content delivery services.

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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.

Swarm is building a tokenization platform designed to leverage the benefits of blockchain to make it easier to fund and govern a variety of large real world projects. They hope to make it easier to tokenize real world assets, and make them available as investment opportunities. Swarm is also developing the SRC-20 protocol, which will define a common set of rules that a security token must follow, and will give users the ability to create DApps that follow these accepted properties. Swarm is powered by the SWM token.

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).

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