V Systems vs Algorand vs HYCON
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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. | HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain. |
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. | HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time. \ |
