Kaichain price

KEC

#4404

Kaichain is an upcoming blockchain network that overcomes the current flaws in major ecosystems, such as higher TPS, lower operational costs and environment-friendly transactions.

Kaichain offers a solution to the scalability faced by all major blockchain networks as they struggle to support the massive adoption. Blockchain adoption has seen an unprecedented rise in the last few years and running networks are not designed to sustain the load.

Blockchain adoption, though increasing rapidly, is still in its infancy. With less than 5% of the global population using cryptos and even a lesser amount in GameFi, the stresses and load on even the most advanced blockchain ecosystems are being felt. One fine example is of the transaction confirmation time during bull runs, which can extend up to several minutes - and even hours.

Kaichain developers foresee the grind increasing day by day. Instead of using ad hoc methods and adding complexity to already overburdened networks, the team has come up with a solution of providing a new blockchain network that has extreme scalability already woven into its very fabric.

Top DeFi and GameFi blockchain networks offer extremely slow TPS (Transactions Per Second). Ethereum, the largest network does a mere 15 at maximum. Though rival networks such as Solana have a much better 50,000 TPS, these will soon face the same issues.

Kaichain, on the other hand, can handle more than 100,000 TPS, offering extremely fast movement of assets. Combined with an energy and economically efficient Proof of Authority, it is the logical choice for easy adoption and viability.

As an independent blockchain, Kaichain will have its economy underpinned by its native Kai ECoin (KEC). Acting as a utility token and a means of payment, it will empower users to hold and spend the coin for different dApps and services within the Kaichain.