Credits

by Credits

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Tendermint

by Interchain Foundation

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RIF Token

by RIF Labs Limited

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Credits

by Credits

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Tendermint

by Interchain Foundation

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RIF Token

by RIF Labs Limited

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What problem does this service solve?

Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.RIF's goal is to allow developers to integrate smart contracts on the Bitcoin blockchain.

Token Stats

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Company Description

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

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.

RIF Token powers the Root Infrastructure Framework Open Standard network. The platform will consist of a suite of open and decentralized infrastructure protocols that will enable faster and easier development of DApps that can work on the Bitcoin blockchain. RIF is built on the RSK smart contract platform, which is secured by Bitcoin's blockchain.

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