What chain does KAIA coin belong to?
Dec 03, 2024 pm 04:26 PMKAIA coin is a public chain asset with distributed ledger, proof-of-stake consensus and smart contract functions. It was originally an ERC-20 token that runs on the Ethereum blockchain and can be used in scenarios such as DeFi, NFT, and games. In 2022, KAIA currency was transplanted to the OKX chain, thereby obtaining higher TPS and lower handling fees, and can be used in the OKX ecosystem, DeFi and NFT. In addition, the KAIA team is developing the independent public chain KAIA Mainnet, aiming to provide a high degree of customization and higher security. Currently, KAIA coins exist on Ethereum, OKX chain and the upcoming KAIA Mainnet. The characteristics and applicable scenarios of KAIA coins on different public chains are different.
1. Public chain properties of KAIA coin
KAIA coin is a public chain asset with the following characteristics:
- Distributed ledger: KAIA coin’s Transaction records are stored on the distributed ledger, and the information is open and transparent and cannot be tampered with.
- Consensus mechanism: KAIA currency adopts the Proof of Stake (PoS) consensus mechanism, and verification nodes participate in block confirmation by pledging KAIA currency to ensure the security and stability of the network.
- Smart contract capabilities: KAIA currency supports smart contract capabilities, and developers can build decentralized applications (dApps) on it.
2. KAIA coin in the Ethereum ecosystem
KAIA coin was originally an ERC-20 token running on the Ethereum blockchain. Due to the maturity and widespread use of the Ethereum ecosystem, KAIA coins have gained high liquidity on Ethereum. The KAIA currency in the Ethereum ecosystem is mainly used in the following scenarios:
- DeFi Ecology: KAIA currency can participate in decentralized finance (DeFi) protocols, such as liquidity mining, Lending and trading.
- NFT Market: KAIA coins can be used to purchase and trade non-fungible tokens (NFTs) on Ethereum.
- Game Ecosystem: KAIA coins can be used to purchase game props, upgrade characters and participate in various activities in the game ecosystem.
3. KAIA currency on OKX chain
In order to improve transaction efficiency and reduce costs, KAIA currency will be ported to the OKX chain in 2022. OKX chain is a high-performance public chain with the following advantages:
- TPS improvement: The transaction processing capacity of OKX chain can reach thousands of transactions per second, which is much higher than that of Ethereum TPS.
- Lower handling fees: The handling fees of OKX chain are much lower than those of Ethereum, and transaction costs are lower.
- Cross-chain interoperability: OKX chain supports cross-chain bridges to realize asset transfer and interaction with other public chains such as Ethereum.
The KAIA currency on the OKX chain is mainly used in the following scenarios:
- OKX Ecology: KAIA currency can be used as the platform currency of the OKX platform. To pay transaction fees, participate in the OKX Jumpstart project and participate in other activities in the OKX ecosystem.
- DeFi ecology: KAIA currency can participate in DeFi protocols on the OKX chain, such as liquidity mining, lending and trading.
- NFT Market: KAIA coins can be used to purchase and trade NFTs on the OKX chain.
4. KAIA Mainnet
KAIA team is developing its own independent public chain - KAIA Mainnet. KAIA Mainnet aims to provide a highly autonomous and customized blockchain environment for KAIA coins. Its features include:
- Specially customized: KAIA Mainnet will be tailored to the needs of KAIA coins. Specifically customized to optimize its performance and functionality.
- Higher security: KAIA Mainnet will adopt advanced consensus mechanisms and security protocols to enhance the security of the network.
- Developer Friendly: KAIA Mainnet will provide a developer-friendly environment to simplify the development and deployment of dApps.
List of public chains to which KAIA currency belongs:
- Ethereum (ERC-20)
- OKX chain
- KAIA Mainnet (under development)
FAQ:
-
Does KAIA coin only belong to one public chain?
- No, KAIA coin currently exists on Ethereum, OKX Chain and the upcoming KAIA Mainnet.
-
Which public chain has the best KAIA coin?
- Each public chain has its advantages and disadvantages, and the best choice depends on personal needs.
The above is the detailed content of What chain does KAIA coin belong to?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

In the ever-changing virtual currency market, timely and accurate market data is crucial. The free market website provides investors with a convenient way to understand key information such as price fluctuations, trading volume, and market value changes of various digital assets in real time. These platforms usually aggregate data from multiple exchanges, and users can get a comprehensive market overview without switching between exchanges, which greatly reduces the threshold for ordinary investors to obtain information.

The stablecoin trading process includes the steps of registering an exchange, completing certification, buying or selling. First, choose a trusted exchange such as Binance, OKX, etc., and then complete KYC identity authentication, and then buy stablecoins through fiat currency recharge or OTC transactions. You can also transfer the stablecoins to the fund account and sell them through P2P transactions and withdraw them to the bank card or Alipay. When operating, you need to pay attention to choosing a regulated platform, confirm transaction security and handling fees.

Bitcoin trading mainly includes three methods: currency trading, contract trading and leverage trading. Coin trading is to exchange one kind of digital currency for another, with no leverage and no risk of liquidation, which is suitable for beginners. The operation process includes registering an exchange account, completing KYC certification and recharge, and selecting trading pairs to set orders; contract trading allows prediction of price rise and fall, and can be long and short, which is divided into perpetual contracts and delivery contracts. The operation process includes entering the contract sector, setting leverage, selecting directions, and setting stop-profit and stop losses, but it is necessary to note that price fluctuations under high leverage are prone to trigger explosive positions and strictly control the risk; leverage trading is to enlarge positions by borrowing funds, which is suitable for short-term arbitrage workers. The operation steps include opening trading pairs, transferring assets to borrow coins, returning and closing interest after buying and selling. The three methods have their own characteristics, suitable for beginners

Platform coins are cryptocurrencies issued by digital currency trading platforms, which are mainly used for ecological construction and user rights incentives within the platform. Compared with ordinary virtual coins, platform coins are not only an investment asset, but also an important link connecting users and platforms.

This article recommends 6 mainstream Bitcoin price and market viewing tools. 1. Binance provides real-time and accurate data and rich trading functions, suitable for all kinds of users; 2. OKX has a friendly interface and perfect charts, suitable for technical analysis users; 3. Huobi (HTX) data is stable and reliable, and simple and intuitive; 4. Gate.io has rich currency, suitable for users who track a large number of altcoins at the same time; 5. TradingView aggregates multi-exchange data, with powerful chart and technical analysis functions; 6. CoinMarketCap provides overall market performance data, suitable for understanding the macro market of Bitcoin.

In cryptocurrency trading, stop loss and take profit are the core tools of risk control. 1. Stop loss is used to automatically sell when the price falls to the preset point to prevent the loss from expanding; 2. Take-profit is used to automatically sell when the price rises to the target point and lock in profits; 3. The stop loss can be set using the technical support level method, the fixed percentage method or the volatility reference method; 4. Setting the stop profit can be based on the risk-return ratio method or the key resistance level method; 5. Advanced skills include moving stop loss and batch take-profit to dynamically protect profits and balance risks, thereby achieving long-term and stable trading performance.

In the currency circle, real-time understanding of currency price changes is crucial to investment decisions. Below are several free and reliable cryptocurrency real-time market websites, suitable for beginners and senior players.

The latest rankings of the top ten formal digital currency trading platforms are as follows: 1. Binance ranks first with the first trading volume, rich currency selection and comprehensive ecosystem; 2. OKX follows closely with its powerful trading engine and the Web3 ecosystem integration; 3. Coinbase has become the first choice for European and American users for its high security and compliance; 4. Kraken is favored by institutions for its long history and excellent security; 5. KuCoin is called the "Treasure Hunters Paradise" for launching a large number of potential altcoins; 6. Bybit is known for its derivative trading experience, and has now become a comprehensive exchange; 7. Gate.io has many online currencies and is quickly updated, suitable for veteran players; 8. Huob