GoChain vs Tokenomy vs Tendermint
What problem does this service solve?
GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency. | Tokenomy enables anything of value, such as frequent flier points or virtual goods, to be turned into a token that can be traded on their exchange. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. |
Token Stats
Not Relevant |
Company Description
GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks. | Tokenomy is an Ethereum-based tokenization platform and exchange. It allows users to transform anything with value into a digital token, and then list it on their exchange. | 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. |