Tendermint

by Interchain Foundation

(0)
View Profile

ChainLink

by SmartContract

(0)
View Profile

Ubiq

by Ubiq Technology

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

ChainLink

by SmartContract

(0)
View Profile

Ubiq

by Ubiq Technology

(0)
View Profile

What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up.Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.

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.

ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware.

Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.

Ratings

(0)

(0)

(0)