IOST

by IOST

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Tendermint

by Interchain Foundation

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Cryptaur

by Cryptaur

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IOST

by IOST

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Tendermint

by Interchain Foundation

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Cryptaur

by Cryptaur

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What problem does this service solve?

The Internet of Services Token is focused on improving overall blockchain speed and performance.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Cryptaur is a DApp development and payment network.

Token Stats

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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.

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.

Cryptaur is a Lithuanian company that is buildingg an Ethereum based payment and DApp development network. Cryptaur does not appear to have any distinct advantages over other decentralized networks. Cryptaur has plans to create a social capital management system that will be based on their Proof of Contribution algorithm.

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