Tendermint is a blockchain and software development company that is headquartered in Berkeley, California and was founded in 2014 by Jae Kwon. Tendermint offers a general purpose blockchain consensus engine called Tendermint Core that allows users to create Byzantine fault tolerant applications written in any programming language.
The Byzantine Fault Tolerant proof-of-stake allows for multiple validators to confirm ledgers against each other securely. The BFT is able to overcome Byzantine General's Problem by operating a partially synchronous network model which allows validators to vote on a block without adhering to a schedule in a multi-round deterministic process. The Tendermint Core also operates as a peer-to-peer network which is based in a proof-of-stake consensus. As a validator gains more stake, they gain a higher chance to be elected as a leader.
The idea of Tendermint is to provide a blockchain engine for which the application can be developed at a high level by developers. It is paired with the Application BlockChain Interface which provides a BFT replicator of applications written in any coding language (C++, Python, Solidity, etc...) on a prefabricated engine. This allows an easier point access for developers on the Tendermint Core, allowing them to apply development to logistics on the application.
In 2017 Tendermint began working with the Interchain Foundation to develop and launch the Cosmos Network. Tendermint is working on building and maintaining features of the Cosmos platform such as Cosmos Hub. The Cosmos Network is designed to be an internet of blockchains, and works with Tendermint's application replicator to clone existing blockchains onto the Tendermint Core.
Founder & CEO
An Interview with Jae Kwon, Founder and CEO of Tendermint
Tendermint: Consensus without Mining
What is Tendermint? Everything you Need to Know
Documentaries, videos and podcasts
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- Distributed ledgerA distributed ledger is a database of information held and replicated independently by participants in a network called nodes. A blockchain is a specific subtype of a distributed ledger.
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- Cosmos NetworkA blockchain network architecture consisting of various independent blockchains called zones which are connected to each other by the Cosmos Hub.