Penta

by Penta Global Foundation PTE.LTD

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IOST

by IOST

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FLO

by FLO

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Penta

by Penta Global Foundation PTE.LTD

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IOST

by IOST

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FLO

by FLO

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.The Internet of Services Token is focused on improving overall blockchain speed and performance.FLO's blockchain allows users to record short comments or notes to its transactions.

Token Stats

Company Description

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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.

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.

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