Insolar (INS)
A Customizable Blockchain Infrastructure For Businesses.- Insolar aims to be a "blockchain infrastructure for businesses and enterprises". The network allows each business to adopt its own consensus mechanism, issue unique types of assets, and create different functionalities on blockchains.
- Instead of forcing all nodes to agree on all transactions, Insolar nodes determine a list of current active nodes and the new "entropy" (i.e., randomness). After that, nodes are assigned to process transactions within smaller groups of nodes by using Domain Consensus Protocols.
- From the perspective of end-users, Insolar allows participants to choose between using the public network, its private version, or "hybridizing them".
- INS tokens are used for staking, voting, and as a medium of exchange within the network.