KardiaChain (KAI) is a blockchain platform that aspires to be fully interoperable and “non-invasive”. It means that blockchains can join the network without modifying their own protocols. KardiaChain has a dual-node topology that allows it to link to other blockchains, as well as sharding for scalability and smart contracts for developers.
The platform is powered by KAI, a native token that may be used for staking, transaction fees, service participation, and smart contract deployment.
The mainnet of KardiaChain became operational in December 2020, after it was initially announced in October 2018.
KardiaChain claims to be the first blockchain that is completely non-invasive and interoperable. It accomplishes this primarily through its dual master node technology, which allows the blockchain to access both its own ledger and those of other platforms at the same time. This enables KardiaChain (KAI) to work alongside other blockchains without asking them to change their protocols or technologies. Dual nodes may be controlled by anyone, making them permissionless, and feature a consensus mechanism to check data from both chains, according to the whitepaper.
According to KardiaChain’s (KAI) CEO, the network is trying to decentralize existing government and enterprise systems. This allows it to reach millions of users without having to educate the general public on blockchain technology.
The platform has launched a number of initiatives aimed at increasing adoption. This includes “adoption decentralized apps,” which combine elements of both centralized and decentralized apps; discounts on mobile top-ups for Viettel customers who pay with KAI; and KAIstarter, a decentralized finance fundraising, and revenue sharing platform. Other projects and platforms that KardiaChain (KAI) has partnered with include NEM (XEM), MANTRA DAO (OM), ShareRing, and Bounce Finance (BOT).
KardiaChain Security
The KardiaChain network is protected by a Byzantine Fault Tolerance delegated proof-of-stake consensus. It requires a two-thirds majority approval for new blocks added to the chain and allows stakeholders to delegate transaction validation to trusted third parties. KardiaChain’s dual-node method to interoperability, according to its white paper, ensures that other blockchains’ security is not compromised when they interact with KardiaChain (KAI).
Native Token – KardiaChain (KAI)
KAI was first issued as an ERC-20 token on the Ethereum blockchain. When the KardiaChain mainnet launched, it was switched for a token native to the KardiaChain network. At the time of Writing KAI is being traded at the price of $0.08007. The price has decreased by almost 1.90% in the past 24 hours.
The entire token supply of KardiaChain is 5 billion KAI. 816 million coins (16.32 percent) were set aside for private sales. 750 million KAI (15 percent) was made available for purchase through Gate.io’s IEO. 250 million KAI (5%) was set aside for the community, with 10% available immediately and 10% subject to lock-ups. 1 billion KAI (20%) was set aside for the ecosystem, with 10% available immediately and 10% subject to lock-ups. A total of 500 million KAI (10%) has been set aside for block awards. These will be distributed over a ten-year period.
