Solana Blockchain

by Solana Labs

(0)
View Profile

XMax

by XMax

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

Solana Blockchain

by Solana Labs

(0)
View Profile

XMax

by XMax

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

What problem does this service solve?

Solana allows developers to create DApps with faster performance by separating the consensus process from the recording of transactions.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.

Token Stats

Not Relevant

Company Description

The Solana blockchain uses an innovative Proof of History mechanism to confirm transactions that are recorded on the network. Solana is designed to separate the consensus process from the flow of transactions. This is done with a recursive, verifiable delay function that hashes incoming transactions, and recording information as a function of time. Every node on the Solana blockchain is assigned a cryptographic clock that enables the network to determine the time and ordering of transactions, without having to wait for consensus from other nodes. By separating the process of transaction verification from their recording, a higher throughput is achieved without sacrificing network security.

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.

Ratings

(0)

(0)

(0)