MOL Blockchain

by MOL

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GAS

by NEO

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Flash Coin

by Flash Coin

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MOL Blockchain

by MOL

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GAS

by NEO

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Flash Coin

by Flash Coin

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What problem does this service solve?

MOL aims to enable fast, and fee-less, micropayment transactions.GAS is used to pay for transactions on the NEO network.Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use.

Token Stats

Company Description

MOL is developing a blockchain platform for micro-payments. MOL's architecture will be based on the block lattice design used in Nano, and will have a Delegated Proof-of-Stake (dPoS) consensus mechanism that incorporates elements from Directed Acyclic Graphs (DAG). The MOL network is currently powered by the Ethereum-based MOL token.

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain.

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