TrueChain

by TrueChain

(0)
View Profile

Nxt

by Ardor Nxt Group

3.5/5

(1)
View Profile

ConsenSys

by ConsenSys

(0)
View Profile

TrueChain

by TrueChain

(0)
View Profile

Nxt

by Ardor Nxt Group

3.5/5

(1)
View Profile

ConsenSys

by ConsenSys

(0)
View Profile

What problem does this service solve?

TrueChain wants to improve blockchain performance with a hybrid consensus model.Nxt provides users a modular toolset for DApp development.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.

Token Stats

Not Relevant

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

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

Ratings

(0)

4/5 (1)

(0)