TomoChain

by TomoChain Pte. Ltd.

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

Fantom

by Fantom

(0)
View Profile

TomoChain

by TomoChain Pte. Ltd.

(0)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

Fantom

by Fantom

(0)
View Profile

What problem does this service solve?

TomoChain's goal is to create a DApp platform with faster and cheaper transactions.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

Token Stats

Not Relevant

Company Description

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

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.

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

Ratings

(0)

(0)

(0)