ALQO

by ALQO

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Ignis

by Jelurida

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Namecoin

by Namecoin

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ALQO

by ALQO

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Ignis

by Jelurida

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Namecoin

by Namecoin

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What problem does this service solve?

Alqo is building a blockchain-based platform that will serve as an interconnected ecosystem for DApps.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.Namecoin is used to register domain names and record domain information on the blockchain.

Token Stats

Company Description

Alqo is developing an ecosystem of decentralized products and services that will be powered by the Alqo coin (XLQ). Their blockchain-based ecosystem enables instant and anonymous transactions. The XLQ coin is designed to be a multipurpose coin that will be used by all projects in the "Alqo Planetary System." Alqo is currently building Bitfineon (cryptocurrency exchange) and Payinx (payment solution for merchants). They plan on adding more projects (planets) to their ecosystem later. The Alqo network uses a modified Proof-of-Stake (PoS) consensus mechanism and an improved version of Zerocoin for encryption. The Alqo DAO (Decentralized Autonomous Organization) uses a Carbon Voting system to resolve governance issues.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism,
where a child blockchain is dependent on the Proof-of-Work consensus of the parent blockchain. This allows for Namecoin and Bitcoin to be mined simultaneously, and when a new block is created on Bitcoin, it will also be added to the Namecoin blockchain.
Namecoin is a very important project that represents one of the best use cases of blockchain technology in protecting free speech and resisting censorship on the internet. It is powered by the NMC coin. The decentralized DNS provides more security from hackers and government intervention.

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