IOST

by IOST

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Tendermint

by Interchain Foundation

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Infura

by ConsenSys

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IOST

by IOST

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Tendermint

by Interchain Foundation

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Infura

by ConsenSys

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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.Infura's developer tools make it easier for DApps to access Ethereum and IPFS.

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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.

Infura is a DApp infrastructure provider that was created by ConsenSys and gives developers the tools to securely access Ethereum and IPFS. Their API enables users to set up Ethereum Nodes, and then install, configure, and maintain the Ethereum infrastructure more easily, and at lower cost. Infura was originally created by ConsenSys.

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