KardiaChain is one of the emerging networks out there. Despite being in a world dominated by Ethereum, BSC, Polygon and the likes, It seems to craft a niche that can attract more crypto enthusiasts.
Let’s take a look at what Kardiachain is and the features that makes it unique among others.
What is KardiaChain?
KardiaChain is the world’s first self-optimized and interoperable decentralized blockchain infrastructure that aims to extend the present boundaries by addressing one of the most obvious issues confronting blockchain technology, which is the fragmentation of blockchain ecosystems.
Their objective is to build a unified system that utilizes the combined capabilities of all users to set the basis for global blockchain mainstream adoption.
Another unique attribute of KardiaChain is their commitment to interoperability and the development of non-invasive hybrid blockchain systems that appeal to customers.
The overall objective of KardiaChain is to establish a unified environment in which developers can simply build smart contracts that can operate on several blockchains to minimize costs, prevent congestion, and allow safe communication with smart contracts on other chains. To achieve this primary agenda, they want to enroll as many people as possible while keeping marketing and recruitment expenses low.
Dual Master Nodes (Dual Nodes): Dual Nodes can access the ledger data of KardiaChain and another blockchain at the same time. They can transport any data across blockchains while retaining the cryptographic evidence when used in conjunction with a consensus mechanism among them.
ELASTIC SHARDING WITH INCENTIVE MECHANISM (ESWIM): ESWIM improves network security and performance. It maintains a suitable number of nodes and staking power in dual groups as well as the main network by altering block reward distribution.
The Kardia Unified Smart Contract Language (KSML): KSML is the ideal tool for developers to rapidly implement cross-chain smart contracts on KardiaChain without any prior knowledge or substantial learning curve. The goal of KSML is to eliminate the language barrier that exists between multiple smart contract systems. These master contracts serve as a link between other smart contracts hosted on protocols that are supported.
Invocations created on one blockchain, like “dual nodes,” do not need to be changed and are performed on the other chain without the end user’s input.
The KSML is more of a translator that can be used to not only manage errors but also to insert code to increase the logical capabilities of smart contracts.
KardiaChain’s KAI Token
Within the KardiaChain ecosystem, the KAI token is then utilized as a means of transfer. It is utilized as a unit of account between KardiaChain participants as a non-refundable and functioning utility token. This cryptocurrency is an essential component of the KardiaChain ecosystem, enabling staking and incentivizing network validators.
Other notable uses of KAI tokens are
- Due to dPoS, KAI tokens are used for staking.
- Kai tokens are used for making payments within the KardiaChain ecosystem.
- KAI tokens are used to access delivered goods and services.
KAI Token’s Price History and Distribution
This coin was released on April 17, 2020, and it now ranks 317 on CoinBase.
The real KardiaChain price today is $0.040204 USD, with a 24-hour trading volume of $1,086,210 USD, as of the time of writing this post. KardiaChain has dropped 3.36 percent in the last 24 hours and is now ranked 317 on CoinMarketCap, with a live market cap of $130,523,299 USD, a circulating supply of 3,246,500,000 KAI tokens, and a maximum supply of 5,000,000,000 KAI coins.
If you’re wondering where to purchase KAI, the main cryptocurrency exchanges for trading in KardiaChain stock right now are KuCoin, Gate.io, MEXC, Bibox, and PancakeSwap (V2).
The KardiaChain Master Wallet
The KardiaChain Wallet is a simple, all-in-one platform for accessing all of your assets and DApps.
Consider a full-featured exchange that is both decentralized and cross-chain. KAIDEX, which is based on Dual-Node technology, has the potential to revolutionize multi-chain switching. KAIDEX is the first product to combine the advantages of CEXes and DEXes, giving it the best of both worlds.
KAIDEX Exchange Benefits
- Trading techniques that are quite effective. Stop—Market Order, Limit Order (in the future)
- Minimal Slippage
- Rapid data transmission
- Low charge (near-zero)
Tri Pham and Huy Nguyen, two former high school friends, launched KardiaChain, with Pham serving as CEO and Hguyen as chief technical officer. The team’s brilliance is evident when analyzing all of the components of KardiaChain’s architecture.
There are certain applications that Kardia blockchain can tackle as an emerging technology. Transparency and audit issues are only a few examples.