Fantom

by Fantom

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Hedera Hashgraph

by Hedera Hashgraph

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Tendermint

by Interchain Foundation

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Fantom

by Fantom

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Hedera Hashgraph

by Hedera Hashgraph

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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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