Bitcoin Press Release: San Francisco, USA — Tendermint, a second-generation blockchain architecture that has evolved beyond the limited monolithic token-based/Bitcoin-like systems, is now one of the latest blockchains to join Microsoft’s Azure Blockchain-as-a-Service platform (BaaS). Microsoft Azure Blockchain as a Service (BaaS) platform has been very popular recently. More and more blockchain companies have joined the Microsoft Azure BaaS platform, such as Ethereum, Lisk, Bitpay, BitShares, etc. It can be said that it is a large collection of various blockchains in the world. Now Tendermint is here too! Jae Kwon, CEO and founder of Tendermint, said:
Jae Kwon Tendermint's technology provides a modular structure for blockchain development and an open source blockchain engine at the core of the blockchain that can power all ledger applications. Whether based on Bitcoin UTXO, the Ethereum Virtual Machine, or some other completely new design, Tendermint is able to efficiently power and regulate the network. Blockchain technology innovator R3 has completed several trials with 40 banks using five different distributed ledger concepts, including Eris Industries’ technology, specifically Eris:db based on the Tendermint consensus protocol. Tendermint uses Byzantine Fault Tolerant consensus and is designed for accountability and compliance management, as well as improved scalability and speed. With new blocks built using Tendermint’s proof-of-stake protocol, over 10,000 transactions can be completed per second. The Tendermint consensus engine connects to applications through the Tendermint Socket Protocol (TMSP). Tendermint decomposes blockchain design by setting up a very simple application program interface (API) between the application process and the consensus formation process. And TMSP is not dependent on a specific programming language, so developers can use any programming language to write smart contracts. Users can also use existing code bases, workflows, and development ecosystems to create complex applications. About TendermintTendermint is an open source blockchain socket protocol that facilitates the deployment of distributed applications. The Tendermint blockchain development project removes the complexity that has existed before blockchain, so that institutions and independent programmers can easily and efficiently create their own blockchain technology. Original article: https://www.cryptocoinsnews.com/microsoft-adds-tendermint-azure/ |
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