XinFin Network

by XinFin

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Nxt

by Ardor Nxt Group

3.5/5

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Algorand

by Algorand

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XinFin Network

by XinFin

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Nxt

by Ardor Nxt Group

3.5/5

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Algorand

by Algorand

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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.Nxt provides users a modular toolset for DApp development.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

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.

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.

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.

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