Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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Ignis

by Jelurida

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Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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Ignis

by Jelurida

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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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

Token Stats

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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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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