VITE vs Hedera Hashgraph vs CanonChain
What problem does this service solve?
VITE's goal is to make it easier for developers to issue tokens and create DApps. | The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important. | CannonChain's consensus mechanism encourages contributing network resources on smaller scales. |
Token Stats
Company Description
VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token. | Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin. | CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi. |