Tendermint

by Interchain Foundation

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Aeternity

by Aeternity

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Celer Network

by ScaleSphere Foundation Ltd

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Tendermint

by Interchain Foundation

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Aeternity

by Aeternity

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Celer Network

by ScaleSphere Foundation Ltd

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.

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Company Description

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.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

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