Tendermint

by Interchain Foundation

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Hyperion

by Hyperion

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NEAR Protocol

by NEAR

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Tendermint

by Interchain Foundation

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Hyperion

by Hyperion

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NEAR Protocol

by NEAR

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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.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications

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.

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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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