Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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Elrond

by Elrond

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Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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Elrond

by Elrond

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Gin's goal is to allow users to set up masternodes more easily.Elrond will allow developers to create more scalable DApps with faster transaction times.

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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.

GINcoin is designed to be a masternode-facilitating blockchain and coin. It lowers the technical requirements to set up a masternode on any blockchain. GIN can also be used as a DApp development platform. GINcoin uses a Delayed Proof of Work consensus algorithm to verify transactions.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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