Tendermint

by Interchain Foundation

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Bytom

by Bytom

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NEAR Protocol

by NEAR

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Tendermint

by Interchain Foundation

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Bytom

by Bytom

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NEAR Protocol

by NEAR

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Bytom aims to create a secondary market for physical assets registered to their blockchainNEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications

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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.

Bytom is a Chinese company that is developing a blockchain platform that is specifically designed to register securities and physical assets to the Bytom blockchain. Bytom aims to create a secondary markets for these blockchain registered assets and will allow them to be tokenized.
Bytom is compatible with other platforms and enables high transaction speeds and anonymity.
One of Bytom's key features is its improved PoW consensus algorithm that is compatible with AI-enhanced ASIC chips. This allows for more efficient mining that uses less energy.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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