Stakenet vs TrueChain vs CyberMiles
What problem does this service solve?
Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets. | TrueChain wants to improve blockchain performance with a hybrid consensus model. | Cybermiles' goal is to provide for a toolkit for developers building decentralized e-commerce applications. |
Token Stats
Company Description
Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks. | TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized. | CyberMiles is developing a decentralized ecosystem for e-commerce. Their blockchain platform will provide users a library of e-commerce focused smart contracts to develop DApps and will facilitate decentralized settlements between parties. |