VITE

by VITE Labs

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GoChain

by GoChain

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Tendermint

by Interchain Foundation

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VITE

by VITE Labs

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GoChain

by GoChain

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Tendermint

by Interchain Foundation

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What problem does this service solve?

VITE's goal is to make it easier for developers to issue tokens and create DApps.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

Token Stats

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Company Description

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.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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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