Celer Network

by ScaleSphere Foundation Ltd

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Zilliqa

by Zilliqa

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Tendermint

by Interchain Foundation

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Celer Network

by ScaleSphere Foundation Ltd

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Zilliqa

by Zilliqa

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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.Zilliqa is building a scalable development platform based on sharding.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.

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

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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