Elrond

by Elrond

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Tendermint

by Interchain Foundation

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Zilliqa

by Zilliqa

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Elrond

by Elrond

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Tendermint

by Interchain Foundation

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Zilliqa

by Zilliqa

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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.Zilliqa is building a scalable development platform based on sharding.

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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.

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

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