Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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Hedera Hashgraph

by Hedera Hashgraph

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Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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Hedera Hashgraph

by Hedera Hashgraph

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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.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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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.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

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