Kardiachain is a decentralized blockchain platform that is interoperable and self-optimized.
The mass adoption of blockchain technology is due to the level of transparency and decentralization it offers. Smart contracts on blockchains are programs that automatically carry out actions according to the terms of a contract or an agreement. They run when predetermined conditions are met. For this reason, blockchain helps users reach a trustless agreement with ease.
Despite the solutions it profers, blockchain technology is lacking in the aspect of interconnectivity and performance. In the blockchain ecosystem, each blockchain has a different design to serve a specific purpose. Many of the existing chains are designed to make others obsolete or are built to become the chain that resolves all problems.
Unlike the others, Kardiachain aims to create a network of interconnected blockchains (similar to the internet), where there is interaction and operation between multiple private and public blockchains.
Kardiachain works efficiently with other projects. In a non-invasive way because it is developed with a dual master node(dual node) technology which allows communication between chains among any public and/or private blockchain, it can access and verify information of two separate ledgers at the same time (KardiaChain and another chain of
choice) without any compromise on the integrity of ledgers from both chains. Due to this, two blockchains can interact with each other regardless of protocol. Anyone can operate Kardiachain’s dual nodes as the platform is permissionless
Another technology that Kardiachain has adopted to further ensure the efficiency of their system is the Smart Contract Markup Language(KSML), a machine language translator which allows developers to create decentralized apps running on different blockchains simultaneously without the need to know how to write smart contracts on those chains. KSML is designed to break the language barrier between different smart contract platforms, facilitating a “mutual understanding” of instructions in smart contracts between KardiaChain and external chains. KSML is engineered to be the ultimate tool for developers to develop smart contracts on the platform of KardiaChain without requiring significant learning curves or any prior experience. By introducing a huge set of code instructions in a human-readable format (preferably JSON or YAML), developers can easily employ their popular logic without having to write a single line of real code for the targeted blockchain.
Who are the founders of Kardiachain (KAI)?
The founders are Tri Pham and Huy Nguyen, two former Vietnamese high school classmates. Pham is the chief executive officer (CEO), while Nguyen is the chief technology officer.
The team at Kardiachain is highly experienced in the blockchain, technology, and financial sectors. The co-founder Huy Nguyen, worked previously as a technical manager with Google. Several employees from Google followed him to join in the development of Kardiachain. He also worked for Cisco, Apple, and Hitachi.
Tri Pham is a successful entrepreneur who previously co-founded a company called Applefluke. A company whose goal, similar to Kardiachain’s, was to bring newly invented technology to the people.
What is Kardiachain used for?
Kardiachain’s team believes that there should be a smart ecosystem capable of utilizing the collective strength of all existing blockchains and overcoming challenges relating to discoverability and isolation. This is why they aim to create a unifying blockchain where multiple networks and applications, both private and public, combine together, while the strength of each participant is fused into the ecosystem without changing each one’s inner communication.
Its objective is to provide a unifying infrastructure that allows interoperation between multiple blockchains while making the implementation as simple as possible for developers. On Kardiachain, a user can interact with Kardiachain to trigger an event on one chain that leads to a result on another chain.
How is Kardiachain unique?
One of the biggest challenges facing blockchain technology is the fragmentation in its ecosystem. Although this feature offers a level of transparency and decentralization that was not available before, it is, however, inefficient when it comes to interconnectivity and performance. The current systems that try to address this issue are designed to either make others obsolete or demand a big change on the part of the participant’s chains.
Kardiachain through the use of a non-invasive cross-chain technology has developed a method of approach that facilitates inter-chain communication and operations between numerous public/permissionless and private/consortium
blockchains platforms regardless of their protocols.
How many Kardiachain (KAI) coins are in circulation?
KAI is the native token of the project’s ecosystem.
KAI is known as a utility token and it is available on its network system for buying and selling products and services on the platform, accessing services and deployed products, and it can also be used for staking when participating in mining on Kardiachain.
KAI has a circulating supply of 3,986,300,000 KAI coins and a maximum supply of 5,000,000,000 KAI coins.
How is the Kardiachain network secured?
Elastic sharding with an incentive The mechanism ensures that the ecosystem remains secure and the network undergoes optimal performance. It maintains an appropriate number of Nodes and staking power in the Dual Nodes and mainnet through methods such as regulating block reward distribution
Dual Master Nodes are secure because interchain
transaction data to/from KardiaChain is tamper-proof, protected by a multi-signature scheme such as Schnorr Signature Algorithm.
How do I buy Kardiachain (KAI)?
The Kardiachain token(KIA) can be used for a wide range of uses, like staking and payments.
Kardiachain tokens can be easily purchased with the following steps.
* Open an account with the crypto trading platform of your choice.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy Kardiachain through your trading account.
Which Cryptocurrency Wallet Supports Kardiachain (KAI)?
The PTPWallet platform supports many cryptocurrencies simultaneously, such as Kardiachain. Because of its vast use case, it has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. Users can easily use PTPWallet as their KAI wallet because it offers a simple interactive interface, making it easy for people to navigate its system.