FLO

by FLO

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ConsenSys

by ConsenSys

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Tendermint

by Interchain Foundation

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FLO

by FLO

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ConsenSys

by ConsenSys

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Tendermint

by Interchain Foundation

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What problem does this service solve?

FLO's blockchain allows users to record short comments or notes to its transactions.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

FLO is a Proof-of-Work blockchain with a metadata layer called floData. It enables users to easily record notes to its blocks, and can be used to create DApps. One of FLO's central features is the Open Index Protocol, which standardizes cryptographic ownership on open networks. The founders of FLO are also working on Alexandria; an open-source standard for users to publish and distribute original content. FLO's source code is based on that of Bitcoin and Litecoin. It is designed to enable fast transactions times.

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

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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