FLO

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Elrond

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ALQO

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FLO

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Elrond

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ALQO

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What problem does this service solve?

FLO's blockchain allows users to record short comments or notes to its transactions.Elrond will allow developers to create more scalable DApps with faster transaction times.Alqo is building a blockchain-based platform that will serve as an interconnected ecosystem for DApps.

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Company Description

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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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.

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