Tendermint vs ProximaX vs Unibright
What problem does this service solve?
The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. | ProximaX aims to create a high performance blockchain platform for developers to create DApss with decentralized storage, messaging, streaming, and content delivery services. | Unibright aims to create a unified framework for companies to integrate blockchain with their existing business systems. |
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. | ProximaX is developing a NEM-based platform with several on-chain and off-chain protocols. At its core, ProximaX is based on the NEM blockchain, and is designed to be an all-in-one platform for developing DApps. The platform has several parallel layers that are intended to provide decentralized storage, messaging, streaming, and content delivery services. The network is powered by the NEM-based XPX token. ProximaX intends on using a hybrid consensus mechanism for validating value transfers on these layers. Consensus will be driven with a combination of Proof-of-Importance (PoI), Proof-of-Storage (PoSt), and Proof-of-Bandwidth (PoB). | Unibright is a German Blockchain development company. Their platform is designed to assist clients with setting up and deploying smart contracts; as well as integrating their existing business systems with blockchain-based ledgers. The Unibright network is powered by the Ethereum-based UBT token. |