UMA Token

by Risk Labs

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VestChain

by VestChain

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Lisk

by Lisk

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UMA Token

by Risk Labs

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VestChain

by VestChain

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Lisk

by Lisk

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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.VestChain aims to create a better performing smart contract platform.Lisk uses sidechains, that can be easily customized, to allow developers to create their own decentralized 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.

VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token.

Lisk is a blockchain-based platform that allows developers to build and publish their own applications. Lisk uses sidechain development kits, that are written in Javascript, to enable users to create their own blockchain applications according to their needs. Each decentralized App runs on its own sidechain that can be customized, and is connected to the Lisk blockchain, which has a Delegated Proof-of-Stake (dPoS) consensus mechanism. The Lisk network is powered by the LSK coin.

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