Tendermint

by Interchain Foundation

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VestChain

by VestChain

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DAEX

by DAEX Foundation

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Tendermint

by Interchain Foundation

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VestChain

by VestChain

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DAEX

by DAEX Foundation

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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.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.

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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.

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

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