KunciCoin Review
In this digital era, human needs can often be satisfied with technological developments. Nothing more than the blockchain technology that it carries can change the future. Blockchain technology makes our lives easier. Not only the way we interact, transact, and carry out daily activities.
We believe that Blockchain technology is the future era for all of us. “Kunci” is here to change the way we fulfil and enjoy our lives.
With our previous explanation where there is a high need and demand for the cryptocurrency world in Indonesia, so that we see the potential in the industry, that we created the KunciCoin.
KunciCoin is a coin that has a fixed supply of only 100 Billion to be created, can be exchanged and transferred, and can be used in its various utilities. KunciCoin chose the open-source Solana as its base of the coin, one of the reasons being its high speed and low congestion resulting in very low fees.
KunciCoin is currently one of the fastest programmable blockchains in the world. Can process more than 50,000 transactions per second (TPS). The developer says the transaction speed could reach 700,000 TPS as the network grows. This is much better than Ethereum, which currently processes between 15 to 45 TPS.
Like Ethereum, Kunci is a cryptocurrency and a flexible platform for running crypto applications, everything from degenerates to decentralised exchange Serum (or DEX).
The main innovation is speed, Kunci can process around 50,000 transactions per second, compared to 15 or less for Ethereum (the ETH2 upgrade, which is currently underway, is designed to make Ethereum much faster than it is now).
Operational Reliability is what distinguishes Kunci from others. Built on Blockchain using advanced algorithms named Proof-of-Stake and Proof of History methods. Where the Ethereum network continues to fail in certain aspects, especially in terms of scalability. Network bottlenecks sometimes cause huge costs. The developers are currently working on ETH 2.0, migrating the blockchain from the Proof of Work to the Proof of Stake protocol. The ETH 2.0 upgrade is expected to solve the scalability issue and make Ethereum have a lower carbon footprint.
Kunci will be very fast and low-cost, sensor resistant. This means that the network will remain open so that applications can run freely and transactions will never be terminated. The establishment of the Kunci mainnet is ripe and in Q4 2021 Kunci Coin will list tokens in the BSC, Ethereum, Solana, and Tron ecosystems.
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