ALQO

by ALQO

(0)
View Profile

QuarkChain

by QuarkChain

(0)
View Profile

Klaytn Coin

by GroundX

(0)
View Profile

ALQO

by ALQO

(0)
View Profile

QuarkChain

by QuarkChain

(0)
View Profile

Klaytn Coin

by GroundX

(0)
View Profile

What problem does this service solve?

Alqo is building a blockchain-based platform that will serve as an interconnected ecosystem for DApps.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.

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.

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.

Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

Ratings

Overall

(0)

(0)

(0)

How useful is this tool in creating decentralized applications?
How does this platform compare to similar development tools?
How effective is this tool in encouraging blockchain adoption?
How scalable is this platform?
How likely is it that this tool will still be used in 10 years?