TomoChain

by TomoChain Pte. Ltd.

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Tendermint

by Interchain Foundation

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Penta

by Penta Global Foundation PTE.LTD

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TomoChain

by TomoChain Pte. Ltd.

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Tendermint

by Interchain Foundation

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Penta

by Penta Global Foundation PTE.LTD

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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.Penta does not appear to solve any problems better than existing blockchain platforms.

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.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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