TrueChain

by TrueChain

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Celer Network

by ScaleSphere Foundation Ltd

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VITE

by VITE Labs

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TrueChain

by TrueChain

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Celer Network

by ScaleSphere Foundation Ltd

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VITE

by VITE Labs

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What problem does this service solve?

TrueChain wants to improve blockchain performance with a hybrid consensus model.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.VITE's goal is to make it easier for developers to issue tokens and create DApps.

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Company Description

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.
TrueChain's architecture also hopes to improve transaction times and reduce fees, by including a sharding mechanism that is locked to Gas fees. The first use cases for their platform will be digital advertising solutions.
The company is backed by several large Chinese blockchain companies, including ZB.com; one of the largest cryptocurrency exchanges. digital advertising industry

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.

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