Algorand vs IOST vs Parity Technologies
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. | Parity's software makes it easier for organizations, end-users, and developers to use blockchain. |
Token Stats
Not Relevant |
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. | Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum. |