DAEX

by DAEX Foundation

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Tendermint

by Interchain Foundation

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ThunderCore

by Thunder Token LTD

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DAEX

by DAEX Foundation

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Tendermint

by Interchain Foundation

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ThunderCore

by Thunder Token LTD

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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.ThunderCore's goal is to allow developers to create fast and scalable DApps that are compatible with Ethereum.

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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.

ThunderCore is a Proof of Stake blockchain that is powered by the native Thunder Token. ThunderCore is compatible with Ethereum and is designed to have fast confirmation times. Transactions are verified by consensus nodes that complete a round of voting to confirm transactions in under one second. The network's compatibility with Ethereum is intended to allow developers to easily migrate DApps to the platform.

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