What problem does this service solve?

VestChain aims to create a better performing smart contract platform.

VITE's goal is to make it easier for developers to issue tokens and create DApps.

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

Token Stats

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Company Description

VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token.

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE 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.

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VestChain vs VITE vs Tendermint

VestChain

VITE

Tendermint