Blockdaemon vs Ignis vs Tendermint
What problem does this service solve?
Blockdaemon wants to make it easier for companies to create decentralized networks that fit their business needs. | Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. |
Token Stats
Not Relevant | Not Relevant |
Company Description
Blockdaemon is a blockchain infrastructure service company that focuses on deploying nodes for their clients. They assist their clients in setting up and managing networks for their DApps. Blockdaemon's node deployment tool allows users to easily deploy blockchan nodes on Bitcoin, Aion, and Stellar in a way that best suits their needs. | Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture. | 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. |