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Tendermint may lunch public blockchain

Wednesday 18 May 2016 14:02 CET | News

Blockchain app specialist Tendermint has revealed plans to launch a public blockchain in a bid to create a platform comparable to Bitcoin or Ethereum.

Tendermint grew into a project centered on exploring how consensus could be achieved in blockchain systems without relying on electricity-intensive processes like mining. The startup’s tech is now used as a consensus layer by blockchain development platforms like Eris, and due to its construction and goals, has often been associated with private blockchain projects.

Tendermint may seek to become the first public blockchain to implement sharding, a proposed solution to blockchain scalability that is also on the roadmap for Ethereum.

Tendermint’s public offering will seek to have logic for new shards, as well as validator shards that could have a freely defined application state.


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Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions, Tendermint
Categories: DeFi & Crypto & Web3
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DeFi & Crypto & Web3