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
Premine: (#1 Block) 100,001 ALQO (0,17% of PoW) For 10 Masternodes, going to be burned after 1 year.
PoW Blocks: 2 - 475200
PoS Blocks: Starting from 475201
Block Time: 60 Seconds
PoW Max Coin Output/Supply: 57,879,300
PoW ending: In ~ ca. 290 Days
Masternode requirements: 10,000 ALQO
Maturity: 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.
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.
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:

https://crypto-bridge.org/
https://coinsmarkets.com/
https://stocks.exchange/
You may use Payinx in Q1 2018 as well!

ALQO - the German Antwort to Blockchain