Harmony vs Cryptaur vs Tendermint
What problem does this service solve?
Harmony's goal is to create a consensus mechanism that will scale for larger networks. | Cryptaur is a DApp development and payment network. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. |
Token Stats
Not Relevant |
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. | Cryptaur is a Lithuanian company that is buildingg an Ethereum based payment and DApp development network. Cryptaur does not appear to have any distinct advantages over other decentralized networks. Cryptaur has plans to create a social capital management system that will be based on their Proof of Contribution algorithm. | 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. |