Tendermint

by Interchain Foundation

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Ignis

by Jelurida

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NEAR Protocol

by NEAR

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Tendermint

by Interchain Foundation

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Ignis

by Jelurida

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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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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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