Komodo

by Komodo

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Namecoin

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ALQO

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Komodo

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Namecoin

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ALQO

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What problem does this service solve?

Komodo is a blockchain building platform. They assist clients in creating their own blockhains and decentralized applications.Namecoin is used to register domain names and record domain information on the blockchain.Alqo is building a blockchain-based platform that will serve as an interconnected ecosystem for DApps.

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Company Description

Komodo is a blockchain building platform that is focused on developing anonymity and security focused solutions. Komodo's platform, which was originally a fork of ZCash, is powered by the KMD token, and enables users to send anonymous transactions. Komodo has a delayed Proof of Work consensus algorithm.
Komodo also operates Chainmakers and Chainzilla; which assist clients in creating their own blockchains, decentralized applications, and initial coin offerings. Komodo also provides services related to wallet integrations and blockchain security.
Komodo held the first ever decentralized ICO and pioneered the concept of a dICO. Their goal is to allow users to more easily build blockchain solutions and decentralized exchanges. They are developing a decentralized ICO (dICO) platform as well as a decentralized exchange platform called BarterDEX.

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.

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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