IOST vs Tendermint vs Davinci Coin
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. | Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea. |
Token Stats
Not Relevant |
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. | 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. | Davinci Coin is an Ethereum-based token that powers the Davinci Project's ecosystem. Their goal is to strengthen private sector cooperation between China and South Korea. |