Elrond

by Elrond

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Rise

by Rise

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Tendermint

by Interchain Foundation

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Elrond

by Elrond

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Rise

by Rise

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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.Rise hopes to create a blockchain platform that will have faster transaction times and will handle larger volumes.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.

Rise is building a blockchain development platform with dPoS consensus. Their protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the RISE coin. They hope to significantly improve transaction times and reduce fees, while providing developers with a tool set to create DApps in several programming languages.

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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