CORE
Core (CORE) is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps). The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake (DPoS). The protocol is backed by its native token, CORE.
The developers of the project strive to create an infrastructure that operates at the core of web 3.0, offering revolutionary ideas to solve the blockchain trilemma. The mainnet was launched in January 2023. The blockchain is governed by a decentralized autonomous organization (DAO), where the Core DAO is responsible for the development of the Satoshi Plus ecosystem.
NEAR
The NEAR Protocol is a single-layer blockchain that was designed as a community-driven cloud computing platform that eliminates some of the limitations that have plagued competing blockchains, such as low transaction speeds, low throughput, and poor interoperability. This provides the perfect environment for DApps and creates a developer- and user-friendly platform. For example, NEAR uses user-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug". The NEAR protocol is built by the NEAR Collective, its community that updates the original code and releases updates to the ecosystem.
HBAR - HEDERA
Hedera is a public network for the decentralized economy that allows individuals and companies the opportunity to create powerful decentralized applications (DApps). It is designed to be a fairer, more efficient system that eliminates some of the limitations faced by older blockchain-based platforms - such as slow performance and instability. HBAR, which is the domestic cryptocurrency, has a dual role within Hedera's public network. First and foremost, HBAR is the fuel that powers Hedera's services, such as smart contracts, file storage, and regular transactions. Second, it is used to help secure the network, as HBAR users can stake their tokens to help maintain the integrity of the platform.
