ALQO Cryptocurrency - join the revolution

ALQO is a new cryptocurrency, which recently (01.11.2017) launched it's live Main-Net - and is already listed on some exchanges. The development team comes from Germany - and they are here to change the crypto-world!

What is ALQO

Let us have a look at their announcement thread:

Alqo is a universal 3rd generation cryptocurrency that combines the best features of different coins

in order to create an excellent new digital payment asset. The purpose of Alqo is versatility. We believe that having hundreds of different coins shows that there is

a need for adaptability in crypto currencies which we will fill with very fast and sophisticated development.

This being said the first steps of Alqo will be setting up a foundation for this vast goal, and after that

adding all the tools and characteristics that are needed. The myriad of cryptocurrencies in the market, reflects a clear and urgent need for an adaptable cryptocurrency

that grows and evolves with the needs of the ecosystem. It is with this goal in mind that Alqo was created.

Whitepaper

Big words from a totally unknown dev-team - but saying totally unknown... who knows Satoshi Nakamoto? Period!

Specs

The specs of ALQO are quite stable, presenting a new, not yet known mining algorithm, which is said to be ASIC resistant:

PoW Algorithm: Quark

Quark Premine: (#1 Block) 100,001 ALQO (0,17% of PoW) For 10 Masternodes, going to be burned after 1 year.

(#1 Block) 100,001 ALQO (0,17% of PoW) For 10 Masternodes, going to be burned after 1 year. PoW Blocks: 2 - 475200

2 - 475200 PoS Blocks: Starting from 475201

Starting from 475201 Block Time: 60 Seconds

60 Seconds PoW Max Coin Output/Supply: 57,879,300

57,879,300 PoW ending: In ~ ca. 290 Days

In ~ ca. 290 Days Masternode requirements: 10,000 ALQO

10,000 ALQO Maturity: 111 Confirmations

111 Confirmations Prefix: ALQO adresses start with the capital letter "A"

Why will ALQO succeed?

German tech always succeeds? Hmm... ok, we are good at building machines, cars and other tech-stuff. We play the best football ;) and we are doing quite well, but Germany is lacking of HighEnd Software-Development (others than boring SAP!)- though Germans like to play economic simulators... so - closing the gap in fintech is just a matter of time - and at the moment there are some German teams doing good jobs.

For ALQO I can only see positive signals: active community, good targets, living repository. The Dev-Team increases and the discord channel is visited by helpful community members.

Some Points for ALQO:

Larger and Faster Blocks ALQO relies on a block size of 4MB and a block time of 60 seconds. This effectively allows ALQO to

handle a transaction volume 40x greater than Bitcoin’s.

ALQO relies on a block size of 4MB and a block time of 60 seconds. This effectively allows ALQO to handle a transaction volume 40x greater than Bitcoin’s. Flexible Blocksize Roughly 1 year into ALQO´s life cycle, the network will switch from a consensus algorithm of mining-driven

Proof of Work to staking-driven Proof of Stake. Upon this second stage, the protocol will switch to a dynamic blocksize that will

adjust in size to any increase in transaction volume. If the network detects that more and more transactions are stuck in the

unconfirmed queue (known as the mempool) it will dynamically increase the size of the subsequent blocks to handle the increase

in transaction volume. This is the equivalent of a mining difficulty algorithm applied to block sizes.

Roughly 1 year into ALQO´s life cycle, the network will switch from a consensus algorithm of mining-driven Proof of Work to staking-driven Proof of Stake. Upon this second stage, the protocol will switch to a dynamic blocksize that will adjust in size to any increase in transaction volume. If the network detects that more and more transactions are stuck in the unconfirmed queue (known as the mempool) it will dynamically increase the size of the subsequent blocks to handle the increase in transaction volume. This is the equivalent of a mining difficulty algorithm applied to block sizes. Masternodes The ALQO network constitutes a 2-tier architecture, where the first tier is the protocol level, mining and staking and

the blockchain itself. The second layer is its masternode array, being a large network of high availability dedicated servers

operated by users. These users provide enhanced services to the network (such as faster transactions, anonymous transactions,

voting validation and others) as well as contain a full copy of the blockchain.

There is light in the darkness of cryptos! ALQO!

first PoW then PoS

PoW Phase

Block # Reward splitting Block 2 – 86400 200 ALQO Masternodes 20% / Miners 80% Block 86401 – 151200 150 ALQO Masternodes 25% / Miners 75% Block 151201 – 302400 125 ALQO Masternodes 30% / Miners 70% Block 302401 – 345600 100 ALQO Masternodes 35% / Miners 65% Block 345601 – 388800 75 ALQO Masternodes 40% / Miners 60% Block 388801 - 475200 50 ALQO Masternodes 40% / Miners 60%

PoS Phase

Block # Reward Block 475201 - 518400 50 ALQO Block 518401 - 561600 25 ALQO Block 561601 - 604800 10 ALQO Block 604801 - infinite 5 ALQO

Buying and using

right now you can buy ALQO at the following stocks: