ThunderCore

by Thunder Token LTD

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Tendermint

by Interchain Foundation

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UMA Token

by Risk Labs

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ThunderCore

by Thunder Token LTD

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Tendermint

by Interchain Foundation

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UMA Token

by Risk Labs

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What problem does this service solve?

ThunderCore's goal is to allow developers to create fast and scalable DApps that are compatible with Ethereum.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

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Company Description

ThunderCore is a Proof of Stake blockchain that is powered by the native Thunder Token. ThunderCore is compatible with Ethereum and is designed to have fast confirmation times. Transactions are verified by consensus nodes that complete a round of voting to confirm transactions in under one second. The network's compatibility with Ethereum is intended to allow developers to easily migrate DApps to the platform.

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.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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