VestChain vs IOST vs Algorand
What problem does this service solve?
VestChain aims to create a better performing smart contract platform. | The Internet of Services Token is focused on improving overall blockchain speed and performance. | Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus. |
Token Stats
Company Description
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. | IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior. | 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. |