Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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ALQO

by ALQO

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Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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ALQO

by ALQO

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsAlqo is building a blockchain-based platform that will serve as an interconnected ecosystem for DApps.

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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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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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