Komodo vs Tendermint vs LTO Network
What problem does this service solve?
Komodo is a blockchain building platform. They assist clients in creating their own blockhains and decentralized applications. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. | LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows. |
Token Stats
Not Relevant |
Company Description
Komodo is a blockchain building platform that is focused on developing anonymity and security focused solutions. Komodo's platform, which was originally a fork of ZCash, is powered by the KMD token, and enables users to send anonymous transactions. Komodo has a delayed Proof of Work consensus algorithm. | 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. | The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains. |