DAEX

by DAEX Foundation

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Tendermint

by Interchain Foundation

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Hedera Hashgraph

by Hedera Hashgraph

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DAEX

by DAEX Foundation

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Tendermint

by Interchain Foundation

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Hedera Hashgraph

by Hedera Hashgraph

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What problem does this service solve?

DAEX's decentralized clearing system increases the security of centralized crypto exchanges.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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Company Description

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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