Ubiq vs UMA Token vs Phore
What problem does this service solve?
Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
Token Stats
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. | The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |