IOST

by IOST

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Tendermint

by Interchain Foundation

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Rise

by Rise

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IOST

by IOST

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Tendermint

by Interchain Foundation

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Rise

by Rise

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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.Rise hopes to create a blockchain platform that will have faster transaction times and will handle larger volumes.

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.

Rise is building a blockchain development platform with dPoS consensus. Their protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the RISE coin. They hope to significantly improve transaction times and reduce fees, while providing developers with a tool set to create DApps in several programming languages.

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