Universa vs Tendermint vs IOST
What problem does this service solve?
Universa aims to enable faster transactions and smart contracts that can be executed offline. | 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
Not Relevant |
Company Description
Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token. | 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. |