Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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EvenCoin

by EvenCoin

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Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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EvenCoin

by EvenCoin

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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.EvenCoin's smart contract platform operates in parallel to Ethereum and does not require any hardware to operate its network.

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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.

EvenCoin is a self-mining smart contract platform that is built on the Ethereum blockchain. EvenCoin is mined in parallel to even numbers of Ethereum blocks. The team behind EvenCoin are developing several decentralized projects that will use the self-mining protocol, including an exchange and a travel booking platform.

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