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.

V Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps.

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.

V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system.

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Tendermint vs VestChain vs V Systems

Tendermint

VestChain

V Systems