Hydrogen

by Hydrogen

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Tendermint

by Interchain Foundation

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Harmony

by Harmony

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Hydrogen

by Hydrogen

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Tendermint

by Interchain Foundation

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Harmony

by Harmony

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What problem does this service solve?

Hydro's goal is to provide a blockchain platform for creating DApps that require secure ID verification and authentication.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Harmony's goal is to create a consensus mechanism that will scale for larger networks.

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Company Description

Hydrogen is a fintech company that develops API' for creating financial applications. They are developing the open-source Hydro blockchain platform that emphasizes identity management and security. The network is powered by the Ethereum-based HYDRO token.

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.

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.

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