Algorand

by Algorand

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IOST

by IOST

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Lisk

by Lisk

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Algorand

by Algorand

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IOST

by IOST

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Lisk

by Lisk

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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.The Internet of Services Token is focused on improving overall blockchain speed and performance.Lisk uses sidechains, that can be easily customized, to allow developers to create their own decentralized applications.

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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.

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

Lisk is a blockchain-based platform that allows developers to build and publish their own applications. Lisk uses sidechain development kits, that are written in Javascript, to enable users to create their own blockchain applications according to their needs. Each decentralized App runs on its own sidechain that can be customized, and is connected to the Lisk blockchain, which has a Delegated Proof-of-Stake (dPoS) consensus mechanism. The Lisk network is powered by the LSK coin.

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