CanonChain

by CANONCHAIN.COM Inc.

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Tendermint

by Interchain Foundation

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Chromia

by ChromaWay

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CanonChain

by CANONCHAIN.COM Inc.

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Tendermint

by Interchain Foundation

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Chromia

by ChromaWay

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated.

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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.

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.

Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy.

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