UMA Token vs Penta vs Emercoin
What problem does this service solve?
UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. | Penta does not appear to solve any problems better than existing blockchain platforms. | Decentralized Software Development Kits make it easier to build blockchain-based applications. |
Token Stats
Company Description
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. | Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token. | Emercoin is a blockchain-based development platform. It has developed a range of easy-to-use dSDKs (Decentralized Software Development Kits) that can be used to more easily build DApps. This set of software development tools allow the creation of blockchain-based software and services. |