CanonChain

by CANONCHAIN.COM Inc.

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Asch

by ASCH

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Tendermint

by Interchain Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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Asch

by ASCH

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Tendermint

by Interchain Foundation

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Asch's goal is to enable developers to create DApps for multiple blockchains.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

Asch is developing a commercial blockchain ecosystem with multiple blockchains. The company is creating several SDK's and API's that will help developers build DApps that are based on JavaScript and customized sidechain architectures. The Asch network has a DPoS consensus mechanism that incorporates elements of PBFT for enhanced security.

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.

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