HYCON

by HYCON, Glosfer Co., Ltd.

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Tendermint

by Interchain Foundation

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Aergo

by Blocko

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HYCON

by HYCON, Glosfer Co., Ltd.

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Tendermint

by Interchain Foundation

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Aergo

by Blocko

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What problem does this service solve?

HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Aergo's goal is to create a better DApp development platform.

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Company Description

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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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.

Aergo is developing an SQL based smart contract platform that will allow developers to more easily share data and create DApps. Their platform will combine elements of public and private blockchain architectures and will have a hybrid BFT/dPoS consensus mechanism. The ERGO Hub will serve as a blockchain hosting service that will allow users to test and deploy their own blockchains. Their network is currently powered by the Etherem-based AERGO token.

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