Celer Network

by ScaleSphere Foundation Ltd

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Tendermint

by Interchain Foundation

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ConsenSys

by ConsenSys

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Celer Network

by ScaleSphere Foundation Ltd

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Tendermint

by Interchain Foundation

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ConsenSys

by ConsenSys

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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.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.

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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.

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.

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

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