Algorand vs RSK vs LTO Network
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. | RSK aims to improve the functionality and scale of the Bitcoin network. | LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows. |
Token Stats
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. | RSK is an open source smart contract platform that is secured by the Bitcoin network. RSK is designed to add value and increase the functionality of the Bitcoin ecosystem by providing smart contracts that are compatible with the network's code and can be written in Solidity. RSK smart contracts are powered by the SmartBitcoin (RBTC) which is linked to Bitcoin. (1 RBTC=1 BTC) | The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains. |