What problem does this service solve?

V Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps.

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

Token Stats

Company Description

V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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V Systems vs Algorand vs Hedera Hashgraph

V Systems

Algorand

Hedera Hashgraph