Tendermint

by Interchain Foundation

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Polymath

by Polymath

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Penta

by Penta Global Foundation PTE.LTD

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Tendermint

by Interchain Foundation

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Polymath

by Polymath

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital.Penta does not appear to solve any problems better than existing blockchain platforms.

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.

Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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