Cosmos vs Ontology vs AION
What problem does this service solve?
Cosmos is building a decentralized network of independent parallel blockchains. Their goal is to provide the infrastructure for anyone to be able to make their own blockchain that will be able to operate with others, and will allow transfers of value between them. | Ontology wants to establish the connecting infrastructure for a trust ecosystem and to assist businesses to integrate blockchain technology. | AION is building a cross-chain platform to connect other blockchain platforms. |
Token Stats
Company Description
Cosmos is a cross-chain protocol that is working to establish a standardized way for blockchains to inter-operate. It has been called the internet of blocchains. Cosmos is building a standardized protocol for multiple blockchains to operate freely together, and allow transfers of value between them. Cosmos is made up of a network of blocckhains called zones. Each of these zones will be powered by a the Tendermint consensus protocol. Cosmos will act as a hub, that ties the zones together and manages their coordination. The Cosomos token called ATOM was released in an ICO that raised $53 million, but it will not be traded until the platform is launched. | Ontology is a network designed to be operated across multiple blockchains. Its main focus revolves around trust issues, and it provides identity verification and reputation management capabilities. Ontology's goal is to be a platform for decentralized trust systems in businesses. Their distributed network is set up to facilitate cooperation between different projects in a trust ecosystem. Ontology's framework allows users to customize different public blockchains for different applications. Ontology has a two-token structure. ONT is the utility token of the network that can be used to generate Ontology Gas (ONG). Ontology has an innovative consensus mechanism called Verifiable Byzantine Fault Tolerance (VBFT). It combines elements of Proof-of-Stake (PoS), VRF (Verifiable Number Function), and Byzantine Fault Tolerance (BFT). The VBFT consensus mechanism will select nodes that meet certain conditions, and will verify transactions. | AION calls itself a 3rd generation blockchain network, and is primarily focused on connecting blockchain networks. AOIN aims to solve the interoperability issues facing the various blockchains, and be the connecting bridge between them. AION's cross-chain platform has different consensus mechanisms for interchain and on-chain transactions. The on-chain consensus mechanism combines BFT (Byzantine Fault Tolerance), dPoS (Delegated Proof-of-Stake) and a new neural network inspired verification algorithm known as Proof-of-Intelligence. |