Tendermint

by Interchain Foundation

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Hyperion

by Hyperion

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Harmony

by Harmony

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Tendermint

by Interchain Foundation

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Hyperion

by Hyperion

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Harmony

by Harmony

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Hyperion's goal is to create a decentralized marketplace for map data that will be generated by users.Harmony's goal is to create a consensus mechanism that will scale for larger networks.

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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.

Hyperion is developing a decentralized mapping platform that will ensure user privacy and provide map services for DApps. The platform will give users incentives to contribute location data and will have a community governance model. The Hyperion network is powered by the Ethereum-based HYN token.

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

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