TrueChain vs RIF Token vs Parity Technologies
What problem does this service solve?
TrueChain wants to improve blockchain performance with a hybrid consensus model. | RIF's goal is to allow developers to integrate smart contracts on the Bitcoin blockchain. | Parity's software makes it easier for organizations, end-users, and developers to use 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. | RIF Token powers the Root Infrastructure Framework Open Standard network. The platform will consist of a suite of open and decentralized infrastructure protocols that will enable faster and easier development of DApps that can work on the Bitcoin blockchain. RIF is built on the RSK smart contract platform, which is secured by Bitcoin's blockchain. | Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum. |