Penta

by Penta Global Foundation PTE.LTD

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The Graph Token

by The Graph

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Tendermint

by Interchain Foundation

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Penta

by Penta Global Foundation PTE.LTD

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The Graph Token

by The Graph

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.The Graph aims to make it easier to querry blockchain data.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

Token Stats

Not Relevant

Company Description

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

The Graph Token is the native currency of the The Graph ecosystem. Their goal is to create an indexing protocol for querying decentralized networks, and allow anyone to publish open APIs, called subgraphs, which will make this data more accessible. These subgraphs can be composed into a global graph, and can then be transformed, organized, and shared across applications for anyone to query with just a few keystrokes.

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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