Tendermint vs VestChain vs LTO Network
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. | LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows. |
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. | 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. | The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains. |