aeternity
Engineered to scale and last, æternity is an easily accessible blockchain platform for the global public. With numerous innovative functionalities and performance far ahead of earlier blockchains, æternity allows its users and community to seamlessly venture into the new era of society, economy, and digital interactions. State channels make it possible to execute smart contracts off-chain. The blockchain enforces the smart contract code only in the case of a disagreement between the contracting parties. Unlike most blockchains, æternity’s core protocol was re-engineered specifically so it can accommodate state channels on the protocol and smart contract language level, making it easier to build applications for global-scale use cases requiring huge numbers of instant and private transactions without compromising on the security of a public blockchain.
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TON
TON is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly. TON is scalable and shareable. Its flexible architecture lets it grow and grow, with no loss of performance. It's used for transaction fees, securing the blockchain through staking, deciding how the network develops, and settling payments. TON has plenty of unique features that differentiate it from other layer-1 blockchains. The actor model is a mathematical model of concurrent computation and is at the heart of TON smart contracts. In it, each smart contract can receive one message, change its own state or send one or several messages per unit time. As a result, the entire blockchain, as well as a given contract, can scale up to host an unlimited amount of users and transactions. The TON Virtual Machine (TVM) is a deterministic, fully-featured stack-based virtual machine.
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Algorand
Technology that enables frictionless finance. We are the technology company that built and developed the world’s first open, permissionless, pure proof-of-stake blockchain protocol that, without forking, provides the necessary security, scalability, and decentralization needed for today’s economy. With an award-winning team, we enable traditional finance and decentralized financial businesses to embrace the world of frictionless finance. Advanced technology paving the way for sophisticated applications. Comprehensive smart contract capabilities enable DeFi solutions and dApps that can scale to billions of users, tens of millions of daily transactions, with negligible transaction fees. Algorand Standard Assets are standard blockchain assets with customizable options, directly in Layer-1. Secure transfers and immediate transaction settlement for multiparty transactions built in Layer-1. Enabling enterprise to embrace decentralized finance.
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IOST
IOST is an ultra-fast, scalable, and secure blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB). Led by a team of seasoned experts and backed by world-class investors, our mission is to be the underlying architecture for online services that meet the security and scalability needs of a decentralized economy. High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is the pioneering project that has been gaining traction for its superior and revolutionary technology since its main net launch in 2019. The basic technology behind IOST–a decentralized, high throughput blockchain, supersedes 37 high-profile competitors, including EOS and Ethereum, by more than 5 times, per the latest ranking from China’s Center for Information and Industry Development. With 0.5 block time and 8,000 TPS, you can build any application on IOST without concerning about the speed.
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