Tendermint

by Interchain Foundation

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NEAR Protocol

by NEAR

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V Systems

by V Systems

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Tendermint

by Interchain Foundation

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NEAR Protocol

by NEAR

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V Systems

by V Systems

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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 applicationsV Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps.

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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V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system.

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