What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

VestChain aims to create a better performing smart contract platform.

Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.

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.

VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token.

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

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Tendermint vs VestChain vs Credits

Tendermint

VestChain

Credits