Tendermint vs Cardano vs Celer Network
What problem does this service solve?
The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. | Cardano is a blockchain project that is based on peer to peer review. Cardano's smart contract platform aims to become the internet of blockchains. Their goal is to create a research driven decentralized network that is more sustainable and scalable than others. | Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity. |
Token Stats
Not Relevant |
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. | The Cardano blockchain is a 3rd generation blockchain platform that was designed with a collaborative peer-to-peer review system, It aims to improve upon prior blockchain systems to enable larger and more sustainable uses of the technology. | Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains. |