KardiaChain

What is KardiaChain?

KardiaChain, an accessible blockchain designed for millions, stands as a decentralized public blockchain that introduces the innovative Dual Master Node technology. This unique feature facilitates inter-chain operations among both existing and upcoming blockchain platforms. The project's primary goal is to provide a unified infrastructure that allows the development of solutions capable of running on multiple platforms, promoting interoperability while keeping the implementation simple for developers.

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Recent Video Interview

Main points of the interview:

• The evolution of KardiaChain from a layer one interoperable blockchain to a comprehensive blockchain ecosystem.
• KardiaChain's significant presence and partnerships in Southeast Asia.
• Detailed new product launches, including version three of their decentralized exchange (DEX) and a user-friendly wallet.
• The launch of Kaiso, a service offering various Web3 services such as hackathons and AMAs.

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KardiaChain's Technological Features:

KardiaChain’s Dual Master Nodes (Dual Nodes): The Dual Nodes technology simultaneously provides ledger data for both KardiaChain and another chain of choice. This decentralized approach ensures data consistency and integrity, allowing everyone to run a Dual Master Node without permission requirements.

KardiaChain’s Consensus Algorithm: KardiaChain utilizes Byzantine Fault Tolerance - Delegated Proof of Stake (BFT-DPoS) to maintain data consistency, integrity, and overall network security. This consensus mechanism involves top Validators who secure the most voting power, ensuring the validation of blocks and consensus processes.

Kardia Virtual Machine (KVM): Embedded in each full node, the KVM executes smart contracts bytecode and is compatible with Ethereum Virtual Machine (EVM). It aims to enhance performance and support multiple virtual machine stacks, providing developers with a powerful sandbox virtual stack.

Kardia Smart Contract Markup Language (KSML): Designed for developers, KSML serves as the ultimate tool for creating smart contracts on the KardiaChain platform. Its user-friendly approach eliminates steep learning curves, enabling developers to engage without prior experience.

How Staking Works?

KardiaChain adopts Delegated Proof of Stake (DPoS) for staking, selecting top Validators who earn rewards for participating in block validation. Delegators and Validators stake KAI, with rewards distributed through the execution consensus protocol.

Staking Rules: During staking, rewards are paid to Validators and Delegators for every new block created, allowing immediate withdrawal. Delegators can un-delegate at any time, but their staked KAI is held for 7 days. Validators face slashing if they double sign or exhibit inconsistent behavior.

Introducing KYOKAI

Kyokai, the evolution of KardiaChain, represents an end-to-end blockchain solution with a focus on facilitating builders and users. It aims to eliminate blockchain complexities and lower barriers for mass adoption, serving as a solution for the digital transformation movement in Vietnam for people, businesses, and government.

Kyokai, meaning "the Boundary," provides tools for non-crypto builders, aiming to bridge physical elements into the digital world using Kardiachain's public infrastructure. The project's ultimate goal is to evolve Dual-Node technology into a new multi-chain solution, making Kyokai blockchain-agnostic.

Kyokai's practical applications include the issuance of NFC cards or software wallets for individuals, linking them with web3 IDs. Physical products can be embedded with NFT-integrated NFC chips, connecting them to digital assets. Digitized activities can be recorded through smart contracts, with tokens and NFTs issued as records, available as non-transferable. Physical locations can be stored in the blockchain and accessed via NFC chips. Overall, Kyokai envisions a seamless integration of physical and digital realms for diverse use cases.

KardiaChain Team Background and Partners

KardiaChain, founded by Tri Pham and Huy Nguyen, stands as a beacon for dreamers, doers, and disruptors, celebrating diversity in experiences and perspectives. Tri Pham, the CEO, brings his entrepreneurial background, having co-founded AppFluke to bridge technology and consumer products. Inspired by his time at AppFluke, Pham recognized the potential of blockchain in 2017.

Teaming up with Huy Nguyen, KardiaChain emerged as a solution for enterprise-focused blockchain interoperability, primarily targeting the Vietnamese market. Roel Resurreccion, the Global CEO, encapsulates the visionary leadership driving the team's passion and courage.

KardaChain partners with Chainlink, ApeSwap, Theta, Ontology, Matic, Band Protocol, Neo, DID Alliance, Todo Block, Big Cat...

KardiaChain Price Analysis

As of November 24 2024 KardiaChain has a marketcap of $12M. This is {{percentagefromath}} from its all time high of $0.160205. In terms of its tokenomics, there's a total supply of 5B with 96% currently outstanding. Keep in mind KardiaChain has a fully diluted value of $12M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.