V Systems

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Parity Technologies

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GoChain

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V Systems

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Parity Technologies

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GoChain

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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.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.

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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.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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