Penta

by Penta Global Foundation PTE.LTD

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Zilliqa

by Zilliqa

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Tendermint

by Interchain Foundation

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Penta

by Penta Global Foundation PTE.LTD

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Zilliqa

by Zilliqa

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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.Zilliqa is building a scalable development platform based on sharding.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

Token Stats

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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.

Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks.
Zilliqa's goal is to increase transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps that are designed to meet the scaling requirements of machine learning and financial algorithms.

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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