Elrond

by Elrond

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QLC Chain

by QLC Chain

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Tendermint

by Interchain Foundation

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Elrond

by Elrond

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QLC Chain

by QLC Chain

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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.QLC is building a DApp development platform designed to encourage greater decentralization.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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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.

QLC Chain, formerly known as QLink, is developing a Network-as-a-Service blokchain platform. It will allow them to provide decentralized network services and serve as a DApp development platform. The QLC network is currently built on NEO but will transition to their own blockchain in the future. The QLC Chain will have a hybrid consensus mechanism called Shannon consensus. It will combine elements of delegated Proof-of-Stake (dPoS) with a regulating mechanism that is designed to encourage participation by more nodes.

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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