Parity Technologies

by Parity Technologies

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XMax

by XMax

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Tendermint

by Interchain Foundation

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Parity Technologies

by Parity Technologies

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XMax

by XMax

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Parity's software makes it easier for organizations, end-users, and developers to use blockchain.XMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

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.

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