Harmony

by Harmony

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Chromia

by ChromaWay

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Tendermint

by Interchain Foundation

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Harmony

by Harmony

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Chromia

by ChromaWay

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Harmony's goal is to create a consensus mechanism that will scale for larger networks.Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy.

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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