Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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QuarkChain

by QuarkChain

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Tendermint

by Interchain Foundation

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GINcoin

by Gin Platform

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QuarkChain

by QuarkChain

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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.QuarkChain hopes to create a more scalable blockchain platform that will have 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.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

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