Elrond

by Elrond

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Ignis

by Jelurida

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Tendermint

by Interchain Foundation

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Elrond

by Elrond

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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?

Elrond will allow developers to create more scalable DApps with faster transaction times.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.

Token Stats

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Company Description

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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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