Tendermint

by Interchain Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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Blockdaemon

by Blockdaemon

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Tendermint

by Interchain Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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Blockdaemon

by Blockdaemon

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Blockdaemon wants to make it easier for companies to create decentralized networks that fit their business needs.

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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.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

Blockdaemon is a blockchain infrastructure service company that focuses on deploying nodes for their clients. They assist their clients in setting up and managing networks for their DApps. Blockdaemon's node deployment tool allows users to easily deploy blockchan nodes on Bitcoin, Aion, and Stellar in a way that best suits their needs.

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