High Performance Blockchain vs Polymath vs Tendermint
What problem does this service solve?
HPB is building an improved blockchain infrastructure based on hardware accelerator chip drivers. It wants to drastically increase the number of transactions that can be processed. | Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. |
Token Stats
Not Relevant |
Company Description
High Performance Blockchain (HPB) is a Chinese company that is developing an improved blockchain infrastructure. Their goal is to dramatically improve the speed of transactions and throughput of existing blockchain systems. HPB has been called the EOS of China. | Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain. | 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. |