XYO Network

by XY

(0)
View Profile

Infura

by ConsenSys

(0)
View Profile

Skycoin

by Skycoin

(0)
View Profile

XYO Network

by XY

(0)
View Profile

Infura

by ConsenSys

(0)
View Profile

Skycoin

by Skycoin

(0)
View Profile

What problem does this service solve?

The XYO Network will allow smart contracts and DApps to use location verification services.Infura's developer tools make it easier for DApps to access Ethereum and IPFS.Skycoin aims to decentralize the internet and provide a platform to build DApps.

Token Stats

Not Relevant

Company Description

The XY Oracle Network is a blockchan-based location verification service. It is designed to be compatible with many devices and across different smart contract protocols. XYO uses innovative cryptographic techniques to combine real-world data with a blockchain-based system that can be used by DApps. The XYO Network was developed by a San Diego based company called XY, that makes GPS and Bluetooth devices. The company is building the network's infrastructure that will consist of location-verifying beacons that will enable smart contracts to incorporate location data. The network is powered by the Ethereum-based XYO token.

Infura is a DApp infrastructure provider that was created by ConsenSys and gives developers the tools to securely access Ethereum and IPFS. Their API enables users to set up Ethereum Nodes, and then install, configure, and maintain the Ethereum infrastructure more easily, and at lower cost. Infura was originally created by ConsenSys.

Skycoin began as an ambitious infrastructure project aimed at replacing the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms that dominate current blockchain platforms. It has since evolved into a project focused on creating a decentralized mesh-Internet and a platform for other blockchain-based projects. Skycoin is developing an ecosystem with a variety of goals, including: the elimination of mining rewards, development of energy-efficient custom hardware, advancing security and privacy, and achieving transaction speeds that rival current digital payment systems. The ecosystem consists of the native SKY coin, Skywire (decentralized mesh-Internet), Skyminer (hardware and access point for Skywire), Skyledger (decentralized open blockchain network), and a suite of DApps. The consensus algorithm is called Obelisk. The network's nodes agree based on a Web-of-Trust consensus. The ability to influence transaction verification is distributed over the network creating a web of trust. To eliminate mining completely each node on the network connects to a list of nodes that it sees as trustworthy.

Ratings

(0)

(0)

(0)