ZoneBitcoin EditorialI told you last time about a game that is a hit at the moment (MyDeFiPet) built on the KardiaChain blockchain. It was therefore time to tell you about this blockchain which is making waves at the moment.
Kardiachain is a public blockchain platform that is interoperable and provides a hybrid blockchain solution and infrastructure. Dual Node technology allows cross-chain communication on different private and public blockchains. What is quite original is that it is a team based in Vietnam and which is initially targeting the South and East Asian market.
Two Vietnamese entrepreneurs are behind the company: Tri Pham and Huy Nguyen. Tri Pham is not his first business and launched a successful app in the field of new technologies. As for Nguyen, he was employed at Google and Apple according to what we can read in his CV. Note that several Google employees have joined the Kardia Chain adventure.
KardaChain Overview
From the start, the team behind KardaChain wanted to create a cross-chain blockchain to create hybrid solutions.
It is even one of the first inter-operable and non-invasive blockchain platforms as they say. This is due to innovative technology creating to et by KardaChain which is called "Dual Node". It is thanks to this infrastructure that mass adoption can be optimally achieved according to the members of KardaChain.
KardaChain was designed, in fact, to be user-friendly for application developers and for users of the platform.
Here are the main elements of the technology behind KardaChain:
- Double Knot (Double knots): Dual nodes have simultaneous access to ledger data from KardiaChain and another blockchain of choice. With consensus between them, they can transport all data between blockchains while preserving cryptographic proof.
- Dual Master Nodes (ESWIN Incentive Mechanism): ESWIM gives optimal network performance and security. It helps maintain an appropriate number of nodes and staking power in Dual groups and the mainnet by adjusting the block reward distribution and TX fee commission.
- Smart Contract (MarkupLanguage /KSML ): KSML is actually the ultimate tool for developers to efficiently create and launch cross-chain smart contracts on KardiaChain without a significant learning curve or prior experience (for developers, this is a real plus). KSML aims to break the computer code barrier between different smart contract platforms.
If it's not very clear, here is the essential information to recognize: Kardia Chain allows you to run Apps on different blockchains without needing to configure specific contracts on these chains...Interesting, isn't it?
This therefore reduces the work required on the part of developers, in particular and allows better inter-operability of blockchains.
In the Kardia Chain system, a blockchain can cooperate with other chains without changing the internal correspondence. I told you in the introduction to the article: adaptability and interoperability are the strong points of Kardia Chain.
Go further : The truly exceptional point of Kardia Chain refers to the fact that you can collaborate with Kardia Chain and trigger an opportunity on one channel and have the result on another channel.
Characteristics of KardiaChain
Remember that the most important element of Kardia Chain is especially the Dual Master Node (or Dual Node for short) which has three remarkable ports: Translator, Router and Aggregator. It is this set which gives a non-intrusive approach to this technology and which indirectly makes it possible to reduce costs and increase speed.
Summary characteristics of KardiaChain
- Scalability : BFT dPOS consensus provides more security, faster confirmation and lower cost.
- Interoperability: Non-invasive connections that allow both assets and data to be transferred between all participating blockchains and even with Dapps.
- Adoptability : Private and public blockchain solutions to attract ever-increasing users.
The KAI token
The KardiaChain Utility Token (KAI) is a major component of the ecosystem on KardiaChain and is designed to be used only as the primary token on the network.
Please note that for the record, initially, KAI was initially issued as an ERC-20 token on the Ethereum blockchain. Then, it was subsequently exchanged for a native token of the KardiaChain blockchain.
here are the details
- Token: KAI
- Type: utility
- MVP/Prototype: Available
- Accept: ETH, BTC
- Country: Singapore
- Whitelist/KYC: none
KardiaChain has a total token supply of 5 billion KAI. As I write this article, there is approximately 20% that has been allocated to private sales and 750 million KAI (15%) has been made available for sale in an initial exchange offering on the Gate.io platform.
Similarly, 1 billion KAI (20%) has been reserved for the ecosystem, with 10% available immediately and 10% subject to locks, and 250 million KAI (5%) has been reserved for the community, subject to a 3 month blockage.
The KardiaChain team received 600 million KAI (12%), its advisors received 150 million KAI (3%), and 934 million KAI (18,68%) was retained for the purposes of the foundation. These tokens were all subject to a 12-month staking period and a 24-month vesting period.
Final word on Kardia channel
Frankly, Kardia Chain seems very promising to us and we adopted it very quickly. We are also preparing a tutorial for you and most certainly a video with Ines.
The project has been massively invested by very big names and private institutions in the fintech and blockchain fields.
The platform has created several initiatives aimed at increasing adoption, including “decentralized adoption applications”. These combine aspects of centralized and decentralized applications. Likewise, there is KAIstarter, a decentralized fundraising platform for new projects. There is even an integrated DEX in which you can exchange KAI tokens.
Kardia Chain develops new projects and improves its entire ecosystem regularly. For us, this is typically the kind of project we enjoy as they seek to improve blockchain technology in general. We're not talking about small tokens just to make a profit, no, we're dealing with some heavy stuff here.
We appreciate.
To be followed closely!
- To buy KAI token, you can buy it on the platform Kucoin or on Gate.io.
- You can also download the official Kardia Chain Wallet and start using the related dApps (We are releasing a tutorial soon on how to buy KAI token.
- Discover Kardia Chain.
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Disclaimer: This is not investment advice. This is general information. Do your personal research before investing (DYOR – Do Your Own Research, as they say).
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