What is HashNET? HashNET is a scalable, fast, secure, and fair decentralized- beyond blockchain project, leveraging Distributed Ledger Technology (DLT) and consensus algorithm which keeps all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption.
FLO is a scrypt based coin with quick transaction processing that introduces a useful new feature called 'transaction comments'. These transaction comments enable FLO to facilitate a number of unique applications and enhancements within the blockchain.