Tendermint

by Interchain Foundation

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NEAR Protocol

by NEAR

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Celer Network

by ScaleSphere Foundation Ltd

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Tendermint

by Interchain Foundation

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NEAR Protocol

by NEAR

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Celer Network

by ScaleSphere Foundation Ltd

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsCeler Network's goal is to create a blockchain platform with improved liquidity and connectivity.

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.

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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Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

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