Zilliqa

by Zilliqa

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Klaytn Coin

by GroundX

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QuarkChain

by QuarkChain

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Zilliqa

by Zilliqa

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Klaytn Coin

by GroundX

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QuarkChain

by QuarkChain

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What problem does this service solve?

Zilliqa is building a scalable development platform based on sharding.Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

Token Stats

Company Description

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

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.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

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