Tendermint vs Hyperion vs Parity Technologies
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. | Parity's software makes it easier for organizations, end-users, and developers to use blockchain. |
Token Stats
Not Relevant | Not Relevant |
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. | Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum. |