XinFin Network

by XinFin

(0)
View Profile

ConsenSys

by ConsenSys

(0)
View Profile

Klaytn Coin

by GroundX

(0)
View Profile

XinFin Network

by XinFin

(0)
View Profile

ConsenSys

by ConsenSys

(0)
View Profile

Klaytn Coin

by GroundX

(0)
View Profile

What problem does this service solve?

XinFin wants to develop a hybrid blockchain that will combine the benefits of a private/permissioned platform with the transparency of a public one.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.

Token Stats

Not Relevant

Company Description

XinFin is a blockchain technology company that has developed the XDC protocol. XinFin's hybrid blockchain enables peer-to-peer contracts on a regulated payment infrastructure. Their goal is to create an open source marketplace platform that will reduce inequalities in global finance.
The XDC blockchain is built upon Quorum, a permissioned blockchain developed by J.P. Morgan. Quorum was developed as a layer upon the Go implementation of the
Ethereum protocol. XDC's consensus mechanism allows for new blocks be created in a two-step process. In the first step, the transactions to be included in the new block are voted upon by all participating nodes. In the second step, one node is selected as the leader or block maker randomly. The block maker node then creates the new block.
XInFin is powered by the XDCE token.

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

Ratings

(0)

(0)

(0)