QLC Chain

by QLC Chain

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Matic Network

by Matic-Network India LLP

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Tendermint

by Interchain Foundation

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QLC Chain

by QLC Chain

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Matic Network

by Matic-Network India LLP

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Tendermint

by Interchain Foundation

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What problem does this service solve?

QLC is building a DApp development platform designed to encourage greater decentralization.Matic provides scalability for DApps and smart contracts.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

QLC Chain, formerly known as QLink, is developing a Network-as-a-Service blokchain platform. It will allow them to provide decentralized network services and serve as a DApp development platform. The QLC network is currently built on NEO but will transition to their own blockchain in the future. The QLC Chain will have a hybrid consensus mechanism called Shannon consensus. It will combine elements of delegated Proof-of-Stake (dPoS) with a regulating mechanism that is designed to encourage participation by more nodes.

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.

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