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.

Elrond will allow developers to create more scalable DApps with faster transaction times.

VestChain aims to create a better performing smart contract platform.

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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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.

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V Systems vs Elrond vs VestChain

V Systems

Elrond

VestChain