Credits

by Credits

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Tendermint

by Interchain Foundation

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TomoChain

by TomoChain Pte. Ltd.

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Credits

by Credits

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Tendermint

by Interchain Foundation

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TomoChain

by TomoChain Pte. Ltd.

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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.TomoChain's goal is to create a DApp platform with faster and cheaper transactions.

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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.

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

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