UMA Token

by Risk Labs

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FLO

by FLO

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Aeternity

by Aeternity

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UMA Token

by Risk Labs

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FLO

by FLO

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Aeternity

by Aeternity

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What problem does this service solve?

UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.FLO's blockchain allows users to record short comments or notes to its transactions.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.

Token Stats

Company Description

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.

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.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

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