Tendermint

by Interchain Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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Semux

by Semux

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Tendermint

by Interchain Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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Semux

by Semux

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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.Semux aims to create a high performance blockchain for DApp development.

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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.

Semux is developing a blockchain platform for creating decentralized applications. Semux's platform is written entirely in Java and is powered by the native SEM coin. It has a Byzantine Fault Tolerant consensus algorithm that is designed to confirm transactions quickly.

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