RES: Blockchain platform comparison

[jamalv]

res001-platform-comparison

Background / Context

Goal: To find a blockchain technology that is fully decentralised and future proof. Risks: Immature technology. More:

• Contenders

  • Ethereum
  • Bitcoin
  • KSI Technology
  • IOTA

• Requirements

  • Open source community
  • Permissionless consensus algorithm
  • Scalability
  • Smart Contracts & Turing completeness
  • Low costs

Hypothesis:

Method

documentation/code

Result

present findings

Recommendation

write recomendation

[maxvisser]

http://www.rsk.co

Rootstock is a Bitcoin Sidechain. It implements a Bitcoin 2-Way peg. The 2WP allows bitcoins to transferred to and from Rootstock at a fixed conversion rate. The 2WP design depends on Drivechain + federation votes as a consensus algorithm. Rootstock is still in test development. As I see it, rootstock will implement all of ethereum functionality. Rootstock is also backwards-compatible with Ethereum, so Ethereum distributed applications (DApps) can be easily ported to Rootstock and achieve interoperability with Bitcoin.

[maxvisser]

http://www.EOS.io/

Now doing an ICO for 364 days. 1 biilion (NL: miljard) coins, keeping 1 million for the company behind EOS. (a canadian company called block.one). EOS has a public testnet. Smart Contracts are written in C; example: https://github.com/EOSIO/eos/blob/master/contracts/currency/currency.cpp

"To ensure inclusivity, EOS Tokens have no pre-determined price; rather price is set by market demand. This mimics mining without giving potential unfair advantages to large purchasers."

• probably one to investigate further...

[maxvisser]

https://github.com/teamforus/research-and-development/tree/develop/res001-blockchain-platform-comparison

Still need discussion for a recomendation. NEO is promising and gets a PoC