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Klaytn(KLAY)

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$0.294958
(15.74%)
0.00000476 BTC
Market Cap (Rank#97)
$1,030,815,508
16,644 BTC
Vol 24h
$19,193,433
309.899 BTC
Circulating Supply
3,494,791,277.25
Max Supply
?
44 days agonulltx
KLAYTN PRICE ANALYSIS & PREDICTION (January 17) – Klay Signals A Fresh Buying Amid Latest Price Recovery, Gains 17% Today
Following a recent bounce off a key level, Klay increased by 17% today and slightly reclaimed its previous high. It has similarly joined in the latest recovery amongst the low-cap altcoins. Klay halted buying at $0.278 last month and went through a broad correction two weeks ago. It ended that […]
45 days agocoindesk
Chiliz, Klaytn Tokens Surge Over 10% on M&A Hopes, Bitcoin Listless
Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.
45 days agonulltx
Klaytn and Finschia Explore Merger To Forge Asia’s Largest Web3 Ecosystem
Blockchain networks Klaytn, backed by South Korea’s Kakao, and Finschia, developed by Japan’s LINE, have unveiled a merger proposal aimed at combining their technologies and user bases, potentially establishing the most extensive web3 ecosystem in Asia. The proposed merger between the leading blockchains in Japan and South Korea anticipates the […]
48 days agocryptopotato
Web3 Apps Surged 124% in 2023, According to DappRadar
Near, Klaytn, and Arbitrum experienced significant growth in new user wallet creation, with year-over-year increases surpassing 600%.
99 days agonulltx
$KLAY Spikes By 17% In 24 Hours, Reaches Highest Point In 6 Months
Klaytn’s native token, $KLAY, developed by South Korea’s Kakao, has experienced a substantial surge. This involves hitting a high point not seen in the last six months with an outstanding 17% increase within a 24-hour period. Of course, this notable uptick is notably connected to the buzz surrounding the upcoming Klaymakers23 global hackathon. klaymakers23 Looks […]
171 day agocryptodaily
Klaytn Foundation Welcomes Two New Partners In Its RWA Tokenization Program
Korean-based Klaytn Foundation started its real-world assets (RWA) program intending to drive positive social change on the blockchain.
214 days agocryptodaily
LBank Exchange to List Seven New Tokens in a Week
Road Town, BVI, August 1st, 2023, ChainwireDigital asset exchange LBank continues to focus on providing its users with quality projects to access. For the week starting July 31, LBank has announced its intention to list a total of seven new tokens. These encompass a diverse range of projects.The first token on LBank’s schedule, DBC, was listed on July 31. All DBC-powered platforms are interconnected like a universe, enabling users to learn, play and shop. DBC will be used for membership points and as a means of exchange within the DBear universe. DBC is headed by Man-won Chung, former CEO of SK Telecom which has a market capitalization of $8 billion.The second token, PEPEBURN, also listed on July 31, is a low supply memecoin with less than 1 million tokens created. August 1 then sees the launch of PSUB, an abbreviation of Payment Swap Utility Board and a Klaytn-based blockchain. PSUB forms a circular ecosystem structure between a payments NFT marketplace and online commerce with its own wallet as a hub. In the future, PSUB will form partnerships with various affiliates to expand its platform ecosystem not only domestically but also abroad to solidify its own infrastructure.August 1 also sees the launch of OZON on LBank. This asset takes the role of utility token on a fifth-generation blockchain network. The OZONE blockchain is mainly concerned with digital finance, metaverse, travel, and ecommerce. On the same day, LBS lists on LBank. The token powers a luxury brand distribution, management and payment system using blockchain technology.On August 3, SMETA is to be listed on LBank. Starkmeta is a Singapore-based startup that’s successfully integrated generative AI (ChatGPT) with Unreal Engine 5 and Web3 metaverse games for the first time. It enables users to enjoy social networking with friends and select the products they want with the help of an AI assistant.The following day, DMC lists on LBank. Datamall Chain is an open source blockchain that aims to promote the construction of next generation internet infrastructure. Products will include decentralized storage mining, DeFi, NFTs, cross-chain bridge and cloud storage.For the week running from July 24-30, LBank listed a total of 12 tokens covering NFTs, memecoins, public chains, and GambleFi. Of these, the best performer was Worldcoin (WLD), which rose over 350% since listing.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.Start Trading Now: lbank.comCommunity & Social Media: Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTubeContactLBK Blockchain Co. [email protected] Blockchain Co. [email protected]
262 days agocoindesk
‘The Industry Doesn’t Want the Answers.’ Josh Klayman on Coinbase and Binance
The crypto lawyer isn’t buying the argument that the SEC refuses to give the industry “regulatory clarity.” Chair Gary Gensler has been quite clear over the last two years about what is and what isn't a security, she says.
1808 days agocryptodaily
Crypto Adoption In South Korea Continues To Grow With Kakao
South Korea is a country that delves into new and upcoming technologies all the time. In fact, the capital of the nation, Seoul has been ranked as the world’s ‘leading digital city’ and the ‘tech capital of the world’. Kakao is one of the biggest messaging apps in the country and with more than 44 million active users it’s no surprise. Kakao is integrating a crypto wallet that allows users to use crypto on a day to day basis but in a more casual manner. Just the idea of 44 million people having the chance to use crypto is bullish on its own but what makes this even more interesting is that Kakao is South Korea’s biggest internet corporation. There are several products of Kakao including, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock and of course, KakaoTalk. According to news outlets in South Korea, Kakao has already raised around $90 million in order to develop its own blockchain network called Klatyn. The main idea behind this network is to migrate Kakao’s existing platform onto the blockchain, the first of which is rumoured to be KakaoTalk. With this, the crypto wallet being implemented onto KakaeoTalk is a way to introduce Kakao users and the general public to Kakao’s own blockchain network. Industry executives have said that KakaoTalk is going to be used as a crypto wallet and allow users to send, receive and store cryptocurrencies whilst also enabling them to run several blockchain applications. At first, the use of Kakao’s crypto wallet will be on an opt-in basis. One executive who is familiar with Kakao’s cryptocurrency integration has said that the firm will need a cryptocurrency wallet in order to introduce its proprietary blockchain to the public and its users. “Kakao needs a cryptocurrency wallet for users of Klaytn and the best way to roll out the service is to integrate a crypto wallet into KakaoTalk, which over 80 percent of the population of South Korea use to communicate.” Similar to Kakao, South Korea’s Samsung has integrated a crypto wallet into the new Samsung Galaxy S10. More than 55 million people live in the nation and Kakao is one of the most popular platform out there in the country. With all this exposure, there is a lot of potential for adoption for cryptocurrency. It seems as if South Korea is paving the way to help boost an emerging industry.

About Klaytn?

The live price of Klaytn (KLAY) today is 0.294958 USD, and with the current circulating supply of Klaytn at 3,494,791,277.25 KLAY, its market capitalization stands at 1,030,815,508 USD. In the last 24 hours KLAY price has moved ? USD or 0.00% while ? USD worth of KLAY has been traded on various exchanges. The current valuation of KLAY puts it at #97 in cryptocurrency rankings based on market capitalization.

Learn more about the Klaytn blockchain network and how it works or follow the price of its native cryptocurrency KLAY and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Klaytn (KLAY) is a public blockchain platform developed by Ground X, the blockchain subsidiary of the South Korean Internet giant Kakao. Klaytn aims to bring blockchain technology to the mainstream by providing a user-friendly blockchain experience. It combines the best features of both public and private blockchains through its hybrid design.

Technology & Mechanism

Consensus Mechanism

Klaytn uses a practical Byzantine Fault Tolerance (PBFT) consensus algorithm, which is a state machine replication that tolerates Byzantine faults. This consensus mechanism allows for high transaction throughput and low latency.

Blockchain Technology

Klaytn operates on a hybrid blockchain, combining the transparency of a public blockchain with the speed and security of a private blockchain. This unique approach allows businesses to build and deploy large-scale decentralized applications (DApps) on its platform.

Key Features

Scalability

Klaytn is designed for high scalability, supporting a high number of transactions per second (TPS) to cater to large-scale DApps.

Security

With its hybrid blockchain design, Klaytn ensures secure and private transactions while maintaining transparency.

Privacy

Klaytn provides privacy features that allow users to control the visibility of their transactions.

Decentralization

Despite its hybrid nature, Klaytn maintains a high level of decentralization through its governance council, composed of reputable enterprises worldwide.

Development Team & Governance

The Klaytn project is spearheaded by Ground X, the blockchain subsidiary of Kakao. The governance model is based on a council of trusted entities that participate in the consensus mechanism.

Use Cases & Potential Impact

Klaytn is designed for real-world use cases, aiming to make blockchain technology accessible and easy to use for everyone. It has the potential to disrupt various industries by enabling the development of large-scale DApps.

Purchase & Storage

How to Buy

KLAY tokens can be purchased on several cryptocurrency exchanges, including Binance and Upbit.

Wallets & Storage

KLAY tokens can be stored in any wallet that supports the Klaytn blockchain, including the official Klaytn wallet.

Partnerships & Collaborations

Klaytn has partnered with various enterprises worldwide, including LG Electronics and Union Bank of the Philippines, to expand its ecosystem.

Roadmap

Klaytn's future plans include further improving its platform's scalability and security, expanding its global presence, and fostering a vibrant ecosystem of DApps.

Risks & Challenges

Like any blockchain project, Klaytn faces challenges such as regulatory uncertainties and the need for wider adoption of blockchain technology.

Community & Regulatory Compliance

Community

Klaytn has a strong community of developers and users, supported by the wider Kakao ecosystem.

Regulatory Compliance

Klaytn is committed to complying with all relevant regulations in the jurisdictions it operates in.

In conclusion, Klaytn is a promising blockchain platform that combines the best features of public and private blockchains. With its user-friendly design and strong backing, Klaytn has the potential to bring blockchain technology to the mainstream.

Klaytn Price0.294958 USD
Market Rank#97
Market Cap1,030,815,508 USD
24h Volume19,193,433 USD
Circulating Supply3,494,791,277.25 KLAY
Max SupplyNo data
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