Algorithm

Cryptos:

2,117

Exchanges:

10

Marketcap:

$2,243,771,578,670

Volume 24h:

$34,180,051,536

Tendermint Core

Rank #15

$7,502,952,110

1

3

Winners (undefined)%

24H

Losers (undefined)%

Rank

15

Assets

4

Marketcap

$7,502,952,110

Volume 24h

$55,202,498,430

Winners

1

Losers

3

Overview
Assets

$7,502,952,110

Marketcap

$55,202,498,430

Volume

15

Rank

1

Winners

3

Losers

N/A

Change 24h

N/A

Change 7d

1H

0.240

%

1D

0

%

1W

0

%

1M

-21.32

%

2M

-0.450

%

3M

9.45

%

6M

91.26

%

1Y

55.94

%

About Tendermint Core

Tendermint Core is a consensus algorithm designed for blockchain networks that prioritize speed and efficiency. It is a Byzantine Fault Tolerant (BFT) algorithm that allows nodes to agree on a single version of the blockchain, even in the presence of malicious actors or network failures.

The Tendermint Core algorithm uses a combination of a classical BFT consensus algorithm, known as Practical Byzantine Fault Tolerance (PBFT), and a new algorithm called Tendermint Proof of Stake (TPOS). TPOS is a variation of the Proof of Stake (PoS) algorithm that is designed to work with BFT consensus.

In the Tendermint Core algorithm, nodes take turns proposing new blocks to add to the chain. Validators, who are chosen based on the amount of stake they hold, take turns proposing new blocks and voting on the validity of the proposed blocks. Once a block has received enough votes, it is added to the chain.

One of the key features of the Tendermint Core algorithm is its ability to process transactions in parallel. This means that the algorithm can handle a large number of transactions quickly and efficiently, making it ideal for applications that require high transaction throughput.

Tendermint Core also has a strong focus on security. It uses a number of mechanisms, such as punishment for misbehavior and a slashing condition, to prevent validators from acting maliciously or colluding with other validators to compromise the network.

The Tendermint Core algorithm is used as the consensus mechanism in a number of blockchain projects, including the Cosmos Network, Binance Chain, and Kava. It has gained popularity due to its focus on speed, efficiency, and security, as well as its ability to process transactions in parallel.

If you're interested in blockchain technology and its consensus algorithms, Tendermint Core is definitely worth exploring.