Vietnamese blockchain enterprise Kardiachain will launch its mainnet on Tuesday, December 29, because it guarantees to make the advantages of blockchain accessible to everybody.
Kardiachain, which lately secured 5 big-name blockchain validators, together with LG CNS, a subsidiary of electronics large LG, is upgrading its testnet to mainnet 1.0, boasting a novel ‘non-invasive interoperability characteristic’.
This permits completely different blockchain networks, no matter their protocols, are ready to connect with KardiaChain with no need any technical alterations or reconstructions, preserving blockchain sovereignty whereas considerably lowering time and prices for a blockchain to turn into able to cross-chain communication.
This characteristic differs from different interoperable centered blockchains resembling Polkadot and Cosmos, which require protocols to stick to a strict set of predefined guidelines as a way to be a part of the interoperable community and talk with different blockchains.
With a deal with Vietnam and Southeast Asia particularly, Kardiachain; since its inception in 2018, has constructed a powerful suite of merchandise together with a cross-chain DEX, cell app KAI Membership, and KAIstarter, a Defi platform to offer versatile earnings for KAI holders through conventional enterprise investments.
Tri Pham, CEO, and co-founder of Kardiachain mentioned switching to mainnet was the end result of years of exhausting work by the crew, and added he was enthusiastic about builders, builders, and companies creating on prime of Kardiachain.
“Mainnet launch is an important milestone of any blockchain. As we speak, we witness the start of the primary interoperability blockchain ever launched in Vietnam and the native area. After years of exhausting work and pulling all-nighters, we’re proud to put the muse for blockchain mass adoption in our residence nation.”
Prepared for launch
The mainnet is an improve from the corporate’s Fengari 3.Zero testnet and has the capability to deal with 6,000 transactions per second and is at present 10,000 instances cheaper to make use of than Ethereum.
● Twin grasp nodes (twin nodes) – this characteristic supplies simultaneous entry to the ledger information of KardiaChain and one other blockchain of alternative. Along with a consensus run amongst them, they’ll carry any information between blockchains whereas preserving the cryptographic proof.
● Elastic sharding with incentive mechanism (ESWIM) – this ensures the optimum community efficiency and safety. It maintains an acceptable variety of nodes and staking energy in twin teams and the principle community utilizing adjusting block reward distribution and transaction charge fee.
● Good contract markup language (KSML) – that is the final word software for builders to effectively deploy cross-chain sensible contracts on KardiaChain and not using a important studying curve or any prior expertise. KSML goals to interrupt the language barrier between completely different sensible contract platforms.
Tri mentioned these instruments would make constructing and deploying sensible contracts and decentralized functions simpler, thus driving blockchain uptake and adoption.
He acknowledged: “We provide companies the chance to undertake blockchain sooner and simpler. Constructing on KardiaChain is future-proof as their functions are all the time related to the entire blockchain ecosystem. For native gamers in Vietnam, it’s so handy and useful when integrating blockchain into their present services as a result of thousands and thousands of individuals can be on blockchain in 2021.”
Kardiachain has already secured an enviable listing of validators for its blockchain who will assist confirm and safe the community.
These embody a subsidiary of electronics large LG, LG CNS, who’re working to mix their very own blockchain know-how, often called Monachain, with Kardiachain’s community.
The companies have already got a number of real-world use circumstances in improvement for the networks together with decentralized id (DID), certificates issuance and sensible metropolis know-how in one in every of Vietnam’s largest cities, Danang.
Alongside LG CNS, Kardiachain has additionally secured multinational conglomerate Geleximco, international know-how enterprise HPT Vietnam, Vietnamese nationwide taxi enterprise Mai Linh Group, and footwear large Biti’s as validators of the community.