Avalanche Token

by Ava Labs

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FLO

by FLO

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Emercoin

by Emercoin

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Avalanche Token

by Ava Labs

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FLO

by FLO

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Emercoin

by Emercoin

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What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.FLO's blockchain allows users to record short comments or notes to its transactions.Decentralized Software Development Kits make it easier to build blockchain-based applications.

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.

FLO is a Proof-of-Work blockchain with a metadata layer called floData. It enables users to easily record notes to its blocks, and can be used to create DApps. One of FLO's central features is the Open Index Protocol, which standardizes cryptographic ownership on open networks. The founders of FLO are also working on Alexandria; an open-source standard for users to publish and distribute original content. FLO's source code is based on that of Bitcoin and Litecoin. It is designed to enable fast transactions times.

Emercoin is a blockchain-based development platform. It has developed a range of easy-to-use dSDKs (Decentralized Software Development Kits) that can be used to more easily build DApps. This set of software development tools allow the creation of blockchain-based software and services.
Emercoin's dSDKs have been implemented in several innovative DApps and provide developers with solutions for a variety of functionalities. Some of the dSDK's that Emercoin offers are specifically geared for decentralized DNS, SSH, SSL, and DPO solutions.
Emercoin has a hybrid consensus mechanism that combines elements of Proof-of-Stake (PoS) with a Proof-of-Work (PoW) algorithm that is merge-mined with Bitcoin. The network is powered by the EMC coin.

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