CanonChain

by CANONCHAIN.COM Inc.

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Tendermint

by Interchain Foundation

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EvenCoin

by EvenCoin

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CanonChain

by CANONCHAIN.COM Inc.

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Tendermint

by Interchain Foundation

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EvenCoin

by EvenCoin

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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.EvenCoin's smart contract platform operates in parallel to Ethereum and does not require any hardware to operate its network.

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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.

EvenCoin is a self-mining smart contract platform that is built on the Ethereum blockchain. EvenCoin is mined in parallel to even numbers of Ethereum blocks. The team behind EvenCoin are developing several decentralized projects that will use the self-mining protocol, including an exchange and a travel booking platform.

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