Ubiq

by Ubiq Technology

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DAEX

by DAEX Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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Ubiq

by Ubiq Technology

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DAEX

by DAEX Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.Nxt provides users a modular toolset for DApp development.

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Company Description

Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

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.

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