Elrond

by Elrond

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Tendermint

by Interchain Foundation

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Hyperion

by Hyperion

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Elrond

by Elrond

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Tendermint

by Interchain Foundation

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Hyperion

by Hyperion

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What problem does this service solve?

Elrond will allow developers to create more scalable DApps with faster transaction times.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Hyperion's goal is to create a decentralized marketplace for map data that will be generated by users.

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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.

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.

Hyperion is developing a decentralized mapping platform that will ensure user privacy and provide map services for DApps. The platform will give users incentives to contribute location data and will have a community governance model. The Hyperion network is powered by the Ethereum-based HYN token.

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