Klaytn Foundation Awards Over US$1 Million in Prizes and Grant Opportunities to Inaugural Winners of Flagship Web3 Hackathon
Singapore, Singapore, 21st November, 2022, Chainwire
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KOK price is $0.009801, up 14.49% in the last 24 hours, and the live market cap is $1,063,210. It has circulating supply volume of 5,000,000,000 KOK coins and a max. supply volume of 5,000,000,000 alongside $681,746 24h trading volume.
KOK is a public blockchain platform that enables users to build and deploy decentralized applications (DApps). It was created with the goal of providing a secure, efficient, and low-cost infrastructure for developers to create DApps. The platform utilizes a consensus mechanism called Delegated Proof of Stake (DPoS) which allows for faster transaction speeds and lower fees than other blockchains. KOK also features smart contract functionality, allowing developers to create automated contracts that can be used in various applications. Additionally, KOK has built-in privacy features such as zero-knowledge proofs and ring signatures which help protect user data from malicious actors. KOK also has an open source codebase, allowing anyone to contribute to the development of the platform.
KOK aims to provide a comprehensive suite of services for developers who want to build on its blockchain. These include tools for creating wallets, deploying smart contracts, and managing transactions. Furthermore, the platform provides APIs that allow developers to easily integrate their applications with existing services such as exchanges or payment processors. Additionally, KOK has developed its own virtual machine which enables developers to write code in multiple programming languages.
Overall, KOK is an innovative blockchain platform that provides users with fast transaction speeds and low fees while also offering advanced privacy features and open source development tools. With its comprehensive suite of services and wide range of use cases, it is well positioned to become one of the leading blockchains in the industry.
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