IPFS vs High Performance Blockchain vs Tendermint
What problem does this service solve?
IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient. | HPB is building an improved blockchain infrastructure based on hardware accelerator chip drivers. It wants to drastically increase the number of transactions that can be processed. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. |
Token Stats
Not Relevant |
Company Description
The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system. | High Performance Blockchain (HPB) is a Chinese company that is developing an improved blockchain infrastructure. Their goal is to dramatically improve the speed of transactions and throughput of existing blockchain systems. HPB has been called the EOS of China. | 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. |