Klaytn Coin

by GroundX

(0)
View Profile

ThunderCore

by Thunder Token LTD

(0)
View Profile

UMA Token

by Risk Labs

(0)
View Profile

Klaytn Coin

by GroundX

(0)
View Profile

ThunderCore

by Thunder Token LTD

(0)
View Profile

UMA Token

by Risk Labs

(0)
View Profile

What problem does this service solve?

Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.ThunderCore's goal is to allow developers to create fast and scalable DApps that are compatible with Ethereum.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

Company Description

Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

ThunderCore is a Proof of Stake blockchain that is powered by the native Thunder Token. ThunderCore is compatible with Ethereum and is designed to have fast confirmation times. Transactions are verified by consensus nodes that complete a round of voting to confirm transactions in under one second. The network's compatibility with Ethereum is intended to allow developers to easily migrate DApps to the platform.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

Ratings

(0)

(0)

(0)