TomoChain

by TomoChain Pte. Ltd.

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Tendermint

by Interchain Foundation

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IOST

by IOST

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TomoChain

by TomoChain Pte. Ltd.

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Tendermint

by Interchain Foundation

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IOST

by IOST

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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.The Internet of Services Token is focused on improving overall blockchain speed and performance.

Token Stats

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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.

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

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