ThunderCore

by Thunder Token LTD

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UMA Token

by Risk Labs

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Skycoin

by Skycoin

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ThunderCore

by Thunder Token LTD

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UMA Token

by Risk Labs

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Skycoin

by Skycoin

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What problem does this service solve?

ThunderCore's goal is to allow developers to create fast and scalable DApps that are compatible with Ethereum.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.Skycoin aims to decentralize the internet and provide a platform to build DApps.

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Company Description

ThunderCore is a Proof of Stake blockchain that is powered by the native Thunder Token. ThunderCore is compatible with Ethereum and is designed to have fast confirmation times. Transactions are verified by consensus nodes that complete a round of voting to confirm transactions in under one second. The network's compatibility with Ethereum is intended to allow developers to easily migrate DApps to the platform.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

Skycoin began as an ambitious infrastructure project aimed at replacing the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms that dominate current blockchain platforms. It has since evolved into a project focused on creating a decentralized mesh-Internet and a platform for other blockchain-based projects. Skycoin is developing an ecosystem with a variety of goals, including: the elimination of mining rewards, development of energy-efficient custom hardware, advancing security and privacy, and achieving transaction speeds that rival current digital payment systems. The ecosystem consists of the native SKY coin, Skywire (decentralized mesh-Internet), Skyminer (hardware and access point for Skywire), Skyledger (decentralized open blockchain network), and a suite of DApps. The consensus algorithm is called Obelisk. The network's nodes agree based on a Web-of-Trust consensus. The ability to influence transaction verification is distributed over the network creating a web of trust. To eliminate mining completely each node on the network connects to a list of nodes that it sees as trustworthy.

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