XinFin Network

by XinFin

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HYCON

by HYCON, Glosfer Co., Ltd.

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Nxt

by Ardor Nxt Group

3.5/5

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XinFin Network

by XinFin

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HYCON

by HYCON, Glosfer Co., Ltd.

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Nxt

by Ardor Nxt Group

3.5/5

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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.HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.Nxt provides users a modular toolset for DApp development.

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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.

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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