The event marks more than three years of research and development of KardiaChain’s decentralized platform with the ambition to bring blockchain to a wide application in the fields of economy and life.
The Kardiachain platform is currently valued at more than $125 million by international investors. On Mainnet 1.0, KardiaChain kicks off with 20 Genesis Masternodes with a consensus mechanism based on Byzantine Fault Tolerance (BFT) – ensuring a distributed computing network works as it should and achieves consensus. The precise agreement, Delegated Proof of Stake (DPoS). KardiaChain can process over 6000 transactions per second (Transaction Per Second – TPS), transaction validation time is less than 5s, and supports very low transaction fees. Compared with the world’s number one decentralized application platform, KardiaChain is 400 times faster and more than 10,000 times cost-saving.
In addition, the security, stability, and completeness of the chain are ensured by technologies such as dual layer consensus algorithm, voting to secure the network (staking). The two-tier consensus algorithm is a characteristic algorithm of Dual Node technology. Data from other blockchains will be verified at the first layer by dual nodes, and verified in the second step by validators and recorded on KardiaChain. This algorithm makes it possible to transfer information and assets between blockchains while preserving cryptographic proofs on each chain.
According to ICT News
