Tendermint

by Interchain Foundation

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DAPP Network

by LiquidApps

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Fantom

by Fantom

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Tendermint

by Interchain Foundation

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DAPP Network

by LiquidApps

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Fantom

by Fantom

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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.Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

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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.

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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