Tendermint

by Interchain Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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Hedera Hashgraph

by Hedera Hashgraph

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Tendermint

by Interchain Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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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.Nxt provides users a modular toolset for DApp development.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.

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.

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.

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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