Tendermint

by Interchain Foundation

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DAPP Network

by LiquidApps

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ChainLink

by SmartContract

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Tendermint

by Interchain Foundation

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DAPP Network

by LiquidApps

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ChainLink

by SmartContract

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.The DAPP Network aims to be an incentive driven network for collaboration that will address the technical barriers for creating scalable DApps.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.

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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.

The DAPP Network is a development focused network that aims to promote the adoption of decentralized applications (DApps). The DAPP Network is designed to incentivize the creation of development tools to solve the technical limitations of developing DApps. The network is powered by the DAPP token.

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.

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