Algorand

by Algorand

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Tendermint

by Interchain Foundation

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Scatter

by GetScatter, Ltd

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Algorand

by Algorand

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Tendermint

by Interchain Foundation

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Scatter

by GetScatter, Ltd

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What problem does this service solve?

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Scatter allows users to interact with EOS-based web DApps.

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Company Description

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

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.

Scatter is a browser extension for the EOS blockchain that enables users to sign transactions on the EOS blockchain. Users are able to sign transactions with their private keys from web applications without having to expose their personal information. The founders of Scatter are also developing the Reputation and Identity Layer (RIDL), which will provide a reputation system that will add trust and transparency to the DApp ecosystem.

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