Algorand

by Algorand

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GINcoin

by Gin Platform

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QuarkChain

by QuarkChain

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Algorand

by Algorand

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GINcoin

by Gin Platform

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QuarkChain

by QuarkChain

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What problem does this service solve?

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.Gin's goal is to allow users to set up masternodes more easily.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

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Company Description

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

GINcoin is designed to be a masternode-facilitating blockchain and coin. It lowers the technical requirements to set up a masternode on any blockchain. GIN can also be used as a DApp development platform. GINcoin uses a Delayed Proof of Work consensus algorithm to verify transactions.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

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