Matic Network

by Matic-Network India LLP

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

FOAM

by FOAM Inc.

(0)
View Profile

Matic Network

by Matic-Network India LLP

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

FOAM

by FOAM Inc.

(0)
View Profile

What problem does this service solve?

Matic provides scalability for DApps and smart contracts.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.FOAM aims to to bring location data to blockchains and enable consensus driven mapping.

Token Stats

Not Relevant

Company Description

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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.

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

Ratings

(0)

(0)

(0)