VestChain vs Namecoin vs NEAR Protocol
What problem does this service solve?
VestChain aims to create a better performing smart contract platform. | Namecoin is used to register domain names and record domain information on the blockchain. | NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications |
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. | Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism, | NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues. |