Tendermint

by Interchain Foundation

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BOScoin

by BOScoin

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Matic Network

by Matic-Network India LLP

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Tendermint

by Interchain Foundation

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BOScoin

by BOScoin

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Matic Network

by Matic-Network India LLP

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.BOScoin wants to make a protocol for better smart contracts that will ensure that these blockchain-based agreements will always provide a binary response.Matic provides scalability for DApps and smart contracts.

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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.

BOScoin is a South Korean company that is developing a self-evolving cryptocurrency platform for trust contracts. It uses an embedded decision-making system called Congress Network and has a Proof-of-Stake (PoS) consensus mechanism. BOScoin is working to construct an algorithm for smart contracts that will ensure binary responses. BOScoin tries to solve this problem of undecidability of smart contracts by using a domain-specific language understandable by the average user. It also tries to mathematically demonstrate the decidability of its smart contracts’ implementation. To do this, they've introduced the concept of Trust Contracts; which are securely executable contracts based on a technology called Owlchain.

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.

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