Tendermint

by Interchain Foundation

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APIS

by The Oxchild Pte Ltd.

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Namecoin

by Namecoin

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Tendermint

by Interchain Foundation

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APIS

by The Oxchild Pte Ltd.

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Namecoin

by Namecoin

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.APIS will allow users to invest their coins on a network masternode without having to stake a large number of coins or deal with the technical requirements of setting one up.Namecoin is used to register domain names and record domain information on the blockchain.

Token Stats

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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.

APIS is developing a masternode mediation platform that will lower the barriers of entry for users wanting invest their coins on their own masternode of a network. A masternode is a type of node that has additional voting influence and block rewards, on a Proof-of-Stake network. Investors are able to place coins on a masternode and receive a stable interest from the block rewards; similar to interest that is given in a bank. APIS will allow users to invest in masternodes without having to deal with the technical requirements or stake a prohibitively large number of coins.
Their network is powered by the Ethereum-based APIS token.

Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism,
where a child blockchain is dependent on the Proof-of-Work consensus of the parent blockchain. This allows for Namecoin and Bitcoin to be mined simultaneously, and when a new block is created on Bitcoin, it will also be added to the Namecoin blockchain.
Namecoin is a very important project that represents one of the best use cases of blockchain technology in protecting free speech and resisting censorship on the internet. It is powered by the NMC coin. The decentralized DNS provides more security from hackers and government intervention.

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