Elrond

by Elrond

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Tendermint

by Interchain Foundation

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XMax

by XMax

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Elrond

by Elrond

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Tendermint

by Interchain Foundation

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XMax

by XMax

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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.XMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps.

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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.

XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

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