HYCON vs Tendermint vs Sakura Bloom
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. | Sakura Bloom allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent. |
Token Stats
Not Relevant |
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. \ | 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. | Sakura Bloom is a Japanese company that is developing a blockchain-based rewards network. It will allow businesses to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them in different ways. The network is powered by the SKB token. |
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