Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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IOST

by IOST

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Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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IOST

by IOST

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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.The Internet of Services Token is focused on improving overall blockchain speed and performance.

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.

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

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