Matic Network

by Matic-Network India LLP

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Tendermint

by Interchain Foundation

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Truffle

by ConsenSys

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Matic Network

by Matic-Network India LLP

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Tendermint

by Interchain Foundation

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Truffle

by ConsenSys

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Truffle is a blockchain development suite that makes it easier to create DApps.

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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.

Truffle is one of the leading providers of blockchain development tools. The Truffle platform consists of three tools that are designed to assist developers in creating DApps: Truffle, Ganache and Drizzle. Truffle is a testing framework for DApps using the Etereum Virtual Machine. Ganache allows users to easily create a personalized version of the Ethereum blockchain to run tests and execute commands. Drizzle is a collection of front-end libraries that help developers create user interfaces for DApps.

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