ConsenSys

by ConsenSys

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Ignis

by Jelurida

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Tendermint

by Interchain Foundation

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ConsenSys

by ConsenSys

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Ignis

by Jelurida

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Tendermint

by Interchain Foundation

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What problem does this service solve?

ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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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