Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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APIS

by The Oxchild Pte Ltd.

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Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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APIS

by The Oxchild Pte Ltd.

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Matic provides scalability for DApps and smart contracts.APIS will allow users to invest their coins on a network masternode without having to stake a large number of coins or deal with the technical requirements of setting one up.

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.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

APIS is developing a masternode mediation platform that will lower the barriers of entry for users wanting invest their coins on their own masternode of a network. A masternode is a type of node that has additional voting influence and block rewards, on a Proof-of-Stake network. Investors are able to place coins on a masternode and receive a stable interest from the block rewards; similar to interest that is given in a bank. APIS will allow users to invest in masternodes without having to deal with the technical requirements or stake a prohibitively large number of coins.
Their network is powered by the Ethereum-based APIS token.

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