IOST

by IOST

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Blockdaemon

by Blockdaemon

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Tendermint

by Interchain Foundation

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IOST

by IOST

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Blockdaemon

by Blockdaemon

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Tendermint

by Interchain Foundation

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What problem does this service solve?

The Internet of Services Token is focused on improving overall blockchain speed and performance.Blockdaemon wants to make it easier for companies to create decentralized networks that fit their business needs.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

Blockdaemon is a blockchain infrastructure service company that focuses on deploying nodes for their clients. They assist their clients in setting up and managing networks for their DApps. Blockdaemon's node deployment tool allows users to easily deploy blockchan nodes on Bitcoin, Aion, and Stellar in a way that best suits their needs.

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.

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