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IPFS
IPFS

17
12
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0
MultiChain
MultiChain

3
3
+ 1
0
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IPFS vs MultiChain: What are the differences?

Developers describe IPFS ** as "Protocol for storing and sharing hypermedia in a distributed file system". It is a protocol and network designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. On the other hand, **MultiChain is detailed as "Open platform for blockchain applications". It is a platform that helps users to establish a certain private Blockchains that can be used by the organizations for financial transactions.

IPFS and MultiChain belong to "Blockchain" category of the tech stack.

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What is IPFS ?

It is a protocol and network designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system.

What is MultiChain?

It is a platform that helps users to establish a certain private Blockchains that can be used by the organizations for financial transactions.
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          What are some alternatives to IPFS and MultiChain?
          Ethereum
          A decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference.
          Hyperledger Fabric
          It is a collaborative effort created to advance blockchain technology by identifying and addressing important features and currently missing requirements. It leverages container technology to host smart contracts called ‚Äúchaincode‚ÄĚ that comprise the application logic of the system.
          Ripple
          It is an open source protocol which is designed to allow fast and cheap transactions.
          Tendermint
          It is a software which can be used to achieve Byzantine fault tolerance (BFT) in any distributed computing platforms. It consists of two chief technical components: a blockchain consensus engine and a generic application interface.
          BigchainDB
          It is designed to merge the best of two worlds: the ‚Äútraditional‚ÄĚ distributed database world and the ‚Äútraditional‚ÄĚ blockchain world. With high throughput, low latency, powerful query functionality, decentralized control, immutable data storage and built-in asset support.
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