Parity Technologies

by Parity Technologies

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QLC Chain

by QLC Chain

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IOST

by IOST

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Parity Technologies

by Parity Technologies

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QLC Chain

by QLC Chain

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IOST

by IOST

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What problem does this service solve?

Parity's software makes it easier for organizations, end-users, and developers to use blockchain.QLC is building a DApp development platform designed to encourage greater decentralization.The Internet of Services Token is focused on improving overall blockchain speed and performance.

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Company Description

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

QLC Chain, formerly known as QLink, is developing a Network-as-a-Service blokchain platform. It will allow them to provide decentralized network services and serve as a DApp development platform. The QLC network is currently built on NEO but will transition to their own blockchain in the future. The QLC Chain will have a hybrid consensus mechanism called Shannon consensus. It will combine elements of delegated Proof-of-Stake (dPoS) with a regulating mechanism that is designed to encourage participation by more nodes.

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

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