Avalanche Token

by Ava Labs

(0)
View Profile

ALQO

by ALQO

(0)
View Profile

MetaHash

by MetaHash

(0)
View Profile

Avalanche Token

by Ava Labs

(0)
View Profile

ALQO

by ALQO

(0)
View Profile

MetaHash

by MetaHash

(0)
View Profile

What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.Alqo is building a blockchain-based platform that will serve as an interconnected ecosystem for DApps.MetaHash's goal is to create a faster blockchain platform that will enable better DApp performance.

Token Stats

Company Description

The Avalanche token (AVAX) performs various tasks within Avalanche's Proof of Stake blockchain network. The Avalanche token functions as a rewards and payment system for users. The network is designed to be an open-source platform for launching highly decentralized applications, enterprise deployments, and decentralized financial instruments. The Avalanche ecosystem is meant to be smore scalable and interoperable than other blockchain platforms. Unlike Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.
Avalanche was launched by Ava Labs, whose founder Emin Gün Sirer is a veteran computer scientist that has been very influential in the Blockchain space. Gün Sirer is a computer science professor at Cornell University and has written extensively about scaling blockchain networks.

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.

MetaHash is developing a blockchain platform for creating DApps. Their network has a multi Proof-of-Stake (PoS) consensus mechanism that is designed to increase transaction speeds and block formation times by using all of the nodes on the network.

Ratings

(0)

(0)

(0)