Tendermint

by Interchain Foundation

(0)
View Profile

Nxt

by Ardor Nxt Group

3.5/5

(1)
View Profile

Ark

by Ark

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

Nxt

by Ardor Nxt Group

3.5/5

(1)
View Profile

Ark

by Ark

(0)
View Profile

What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Nxt provides users a modular toolset for DApp development.Ark is building a blockchain development platform that will make it easier to develop interconnected DApps.

Token Stats

Not Relevant

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.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

ARK, which is a fork of Lisk, is developing an interconnected blockchain ecosystem that will make it easier for users to develop their own blockchains. Ark emphasizes interoperability and usability. Their moto is “Point.Click.Blockchain” and their goal is to allow for easy deployment of DApps. Ark's "push button blockchains" can be easily created with minimal programming knowledge. Ark also hopes to encourage adoption by developers by accommodating 18 different programming languages.
Ark has a delegated Proof-of-Stake (dPoS) consensus mechanism. Their governance model allows users to vote for delegates that secure the network. The top 51 delegates voluntarily share there tokens with their voters.
Ark contract execution service (ACES) connects ARK with other blockchains and will enable exchanges of value between them.

Ratings

(0)

4/5 (1)

(0)