Celer Network

by ScaleSphere Foundation Ltd

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Phore

by Phore

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Tendermint

by Interchain Foundation

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Celer Network

by ScaleSphere Foundation Ltd

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Phore

by Phore

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.Phore's goal is to enable developers to create a variety of DApps with fast transaction times.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications.

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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