Kin Will Explore a Third Blockchain for its Cryptocurrency Project

2020-6-20 01:31

The KIn cryptocurrency project has seen its fair share ups and downs. Not that the project is still going forward of sorts, the switch from a Stellar fork to Solana has been officially approved. 

A lot of people were looking forward to seeing Stellar’s forked blockchain being put to the test.

Another Blockchain for Kin 

A popular project such as Kin could effectively bring a lot of people to the cryptocurrency industry.

Unfortunately, that will not be happening, as the forked version of Stellar doesn’t meet the necessary requirements.

In fact, the transaction limit of the forked blockchain is just 100 TPS.

For Kin, that will not be sufficient, as the project has over 3 million active monthly users.

It is also integrated into several dozen applications that all need to work flawlessly.

By moving to the Solana blockchain, an important step has been taken. 

How successful the migration will be, remains to be determined.

A throughput of 60,000 transactions per second is a vast improvement, but there’s more to blockchains than their TPS.

If the network meets all of the security requirements, the move will be finalized fairly soon.

This marks the second migration to a different blockchain, as the initial currency was supposed to run on Ethereum.

Image(s): Shutterstock.com

The post Kin Will Explore a Third Blockchain for its Cryptocurrency Project appeared first on NullTX.

origin »

Hive Project (HVN) на Currencies.ru

$ 0.0045874 (-2.13%)
Объем 24H $10.918k
Изменеия 24h: -5.90 %, 7d: -1.60 %
Cегодня L: $0.0045874 - H: $0.0045874
Капитализация $1.882m Rank 999999
Доступно / Всего 410.288m HVN

project stellar kin cryptocurrency blockchain forward officially

Источник: nulltx.com

project stellar → Результатов: 89


Tor Project получает 20% пожертвований в криптовалюте

Некоммерческая организация Tor Project, занимающаяся разработкой сохраняющего конфиденциальность браузера Tor, получает около 20% индивидуальных пожертвований в криптовалюте. Этой статистикой поделилась директор отдела по привлечению средств TorProject Сара Стивенсон, сделав ретвит благотворительной кампании по привлечению средств, организованной фирмой Stellar и её валютой Lumens (XLM).

2020-4-7 11:55


Analyst: Stellar (XLM) Decreasing Supply Could Increase Chances of Exchange Delisting

The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda. The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that SDF showed excessive control over the blockchain asset when they cut down its supply.

2019-11-5 15:01


Фото:

Japan: Crypto Exchange Coincheck to List Stellar; XLM Price Spikes

In an official blog post published on November 1, 2019, the Japanese cryptocurrency exchange platform Coincheck announced that it will enable support for Stellar Lumens (XLM) from November 12. XLM Takes Off for the Japanese Cryptospace XLM, the native digital token of distributed ledger technology (DLT) project Stellar Lumens which seeks to leverage blockchain technologyRead MoreRead More.

2019-11-1 16:00


KNL ecosystem ICO

KNL – is a platform that unites and considers the needs of farmers, traders, investors, exporters. We provide each participant with the opportunities and instruments that make up a whole chain of efficient processes for maintaining the operational activities of the agricultural industry KNL tokenization platform is the digitization of grain assets, real estate and property.

2019-7-23 13:20


Worldwide IEO leader ProBit Exchange raises $678,000 in BolttCoin IEO

On June 26, ProBit Exchange sold out all 800,000 BOLTT during Round 3 of  Boltt Coin IEO to wrap up a perfect 3 for 3 with three consecutive IEO sellouts. The stellar results helped the health gamification blockchain project raise a stunning $678,000 as they continue to ramp up their social-health objectives centering around an […] The post Worldwide IEO leader ProBit Exchange raises $678,000 in BolttCoin IEO appeared first on AMBCrypto.

2019-6-26 16:30


BidCoins: Stellar Blockchain BID Token Auctions – BitcoinExchangeGuide.com

What Is BidCoins? BidCoins is a new cryptocurrency in the making. The developers behind this project believe that $Bid Coin will be the preferred virtual currency for bidding worldwide. BidCoins operates on the premise that worldwide, auctioning and bidding on government contracts, fine art, e-commerce, jewelry, vehicles, and real estate, take place quite often. However, such […]

2019-4-4 12:39


Bitcoin Killer? What’s New And Old With BitTorrent Inventor Bram Cohen’s ‘Chia’

If you ask its official website, Bram Cohen’s Chia project is the first “enterprise” digital currency. Forget Ripple, Stellar, or the host of stablecoins launched over the past couple years. It’s Chia – the “green” crypto project developed in answer to the question of Bitcoin’s high resource usage, which is the first enterprise-grade cryptocurrency.

2019-4-3 11:30


This Week in Crypto: Over 3 million stores targeted for Massive XRP adoption, Forte and Ripple to Invest $100 Million On Mainstream Blockchain Games, Stellar (XLM) Gets Listed on Coinbase Pro And More

This week could be described as Ripple week. With so many significant happenings concerning the project, this is arguably the week with the most news on Ripple (XRP). In today’s summary, we have handpicked the most interesting of the stories for you to have a look and possibly go back to read the full stories.

2019-3-17 00:18


Altcoins Daily Preview: EOS and Stellar Lumens Bear Breakout Confirmations

Latest Stellar Lumens News For a project to hold on to a position in the top 10, then it means the founders have a workable vision and there is progress as the platform offers solutions. Demand must be there and although some as Stellar Lumens have been labelled as “failed currencies”, their native coin—XLM is […] The post Altcoins Daily Preview: EOS and Stellar Lumens Bear Breakout Confirmations appeared first on Ethereum World News.

2019-1-11 15:15


дальше еще 40 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

У мессенджера Kik появился новый владелец

Холдинг MediaLab приобрел платформу для обмена сообщениями Kik. Компания уже владеет анонимной соцсетью Whisper и рядом других приложений. We have a new owner! We wrote a blog post all about it here: https://t.

Разработчик мессенджера Kik сообщил о продолжении работы проекта

Канадская компания Kik Interactive пересмотрела планы по закрытию одноименного приложения для обмена сообщениями. “Великолепные новости: Kik остается! И есть действительно захватывающие планы сделать приложение еще лучше.

Kik vs SEC – The Lawyers Speak

The SEC's complaint against Kik, after it raised $100 million in an ICO, seemed pretty brutal, but not so fast, we're only hearing one side of the story. Watch more here as three lawyers discuss the case, its merits and its potential impacts for the crypto industry as a whole.