QLC Chain

by QLC Chain

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UMA Token

by Risk Labs

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Elrond

by Elrond

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QLC Chain

by QLC Chain

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UMA Token

by Risk Labs

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Elrond

by Elrond

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What problem does this service solve?

QLC is building a DApp development platform designed to encourage greater decentralization.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.Elrond will allow developers to create more scalable DApps with faster transaction times.

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Company Description

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.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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.

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