Alqo (ALQO)

ALQO

$0.352618 USD (-1.18%)
BTC (-1.18%)
Market Cap
$15054940.0
USD
42694758.0 ALQO
Volume (24h)
$67191.3
USD
190549.83012779 ALQO
Circulating Supply
42794759.0
ALQO
Max Supply
57879300.0
ALQO

ALQO is a new cryptocurrency in its infancy and comes with some bold and high-end features that make it a cryptocurrency that must be watched keenly. ALQO is a third-generation digital currency launched in November 2017. It imbibes the best features from the other top cryptocurrencies and aims to build a top-notch digital asset.  Though young, it is already listed in exchanges like CoinsMarket, CryptoBridge, Stocks.exchange etc. and more exchanges will be added soon. 

ALQO is a third-generation digital currency that uses the ASIC resistant Quark Proof of Work algorithm.  The primary aim of the cryptocurrency is to deliberate and address the four major issues that have been lingering the digital trading industry. 

System Of Alqo (ALQO)

The four major issues and the ALQO proposed solutions include

1. Centralization: This happens when the decision-making power is in the hands of a few individuals. It improves upon the Bitcoin in many ways. ALQO implements the modern and superior Quark algorithm. It is a light-weight low-resource consuming algorithm where anyone can mine without any restriction on any device. Quark blends on many algorithms like Blake, Blue midnight wish, Groestl, Jh, Skein and SHA-3 which enables a larger number of hashes to be mined in a more efficient and faster way. 

2. Sustenance & Governance: Sustenance is a principle where one can maintain themselves on their own without the support of third-party bodies. ALQO introduces

  • Ad-hoc Dev Funding- The miner gets their rewards for mining and finding a block, while the masternode is rewarded for their services and the staker for supporting the network by holding to their coins. A part of the earnings is sent for the maintenance and operations of the ALQO dev fund which is decided upon by a community. 
     
  • Carbon voting- 1 ALQO is given one vote and it is done via the in-house wallet called Liberio. It is compatible with types of devices. 
     

3. Scalable & network: ALQO has a block size of 4MB and block time of 60 seconds which is superior than bitcoins. ALQO plans to use the PoW mining algorithm for one year and shift to the PoS process of staking. It also will use the Masternodes as a second level to ensure faster transactions, more secure and private ensuring anonymity. 

Potential Of Alqo (ALQO)

ALQO is being developed by a team of German developers. The cryptocurrency is promising. It has an active community, has ambitious targets, is still raw utilizing many new technologies. It is affordable and comes with many attractive features.

Hashgains Mining Plan

TOPAZ
$ 29.5
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
RUBY
$ 59
1 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
EMERALD
$ 295
5 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
SAPPHIRE
$ 590
10 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
 
Customized
$ 29.5
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
TOPAZ
$ 39
500 MH/s
Maintenance Fees per GH/s/day
$ 0.08
Contract Duration
24 Months
RUBY
$ 78
1 GH/s
Maintenance Fees per GH/s/day
$ 0.08
Contract Duration
24 Months
EMERALD
$ 390
5 GH/s
Maintenance Fees per GH/s/day
$ 0.08
Contract Duration
24 Months
SAPPHIRE
$ 780
10 GH/s
Maintenance Fees per GH/s/day
$ 0.08
Contract Duration
24 Months
 
Customized
$ 39
500 MH/s
Maintenance Fees per GH/s/day
$ 0.08
Contract Duration
24 Months
TOPAZ
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
25 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 39
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 195
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 390
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 780
200 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 39
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 39
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.05
Contract Duration
24 Months
RUBY
$ 195
2.5 KH/s
Maintenance Fees per KH/s/day
$ 0.05
Contract Duration
24 Months
EMERALD
$ 487.5
6.25 KH/s
Maintenance Fees per KH/s/day
$ 0.05
Contract Duration
24 Months
SAPPHIRE
$ 975
12.50 KH/s
Maintenance Fees per KH/s/day
$ 0.05
Contract Duration
24 Months
 
Customized
$ 39
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.05
Contract Duration
24 Months
TOPAZ
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
RUBY
$ 245
50 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
EMERALD
$ 490
100 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
SAPPHIRE
$ 980
200 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
 
Customized
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
TOPAZ
$ 59
1 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
RUBY
$ 295
5 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
EMERALD
$ 590
10 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
SAPPHIRE
$ 885
15 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
 
Customized
$ 59
1 TH/s
Maintenance Fees per GH/s/day
$ 0.0000499
Contract Duration
24 Months
TOPAZ
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
RUBY
$ 250
50 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
EMERALD
$ 500
100 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
SAPPHIRE
$ 1250
250 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
 
Customized
$ 50
10 GH/s
*/?> Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months