Tendermint
by Interchain Foundation
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What problem does this service solve?
The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.
Company Details
- Interchain Foundation
- https://tendermint.com
- Founded 2015
- San Francisco
- Cosmos' Consensus Algorithm
About Tendermint
Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.
