Ubiq

by Ubiq Technology

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HYCON

by HYCON, Glosfer Co., Ltd.

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Nxt

by Ardor Nxt Group

3.5/5

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Ubiq

by Ubiq Technology

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HYCON

by HYCON, Glosfer Co., Ltd.

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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.HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.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.

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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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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