LTO Network vs Tendermint vs Phore
What problem does this service solve?
LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
Token Stats
Not Relevant |
Company Description
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. | 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. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |