Universa vs TrueChain vs Namecoin
What problem does this service solve?
Universa aims to enable faster transactions and smart contracts that can be executed offline. | TrueChain wants to improve blockchain performance with a hybrid consensus model. | Namecoin is used to register domain names and record domain information on the blockchain. |
Token Stats
Company Description
Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token. | TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized. | Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism, |