Klaytn: What’s This Crypto & Where Did it Come From?? 🤔

📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
🛒 Klaytn on OKEX 👉 https://okex.coinbureau.com
👕 My Merch Store 👉 https://store.coinbureau.com
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/

📺 Essential Videos 📺

Facebook’s Libra aka Diem “Cryptocurrency” 👉 https://youtu.be/6nDyizNCKWo
The Importance Of Tokenomics 👉 https://youtu.be/ftCaqG7wckg
Terra, Mirror, Anchor Explained 👉 https://youtu.be/7HLiZxkbxfY


0:00 Intro
1:42 Klaytn History
5:01 Klaytn Explained
8:04 Klaytn Blockchain Performance
9:17 Klaytn Blockchain Architecture
11:56 KLAY Tokenomics
13:33 KLAY Price Analysis
15:51 Klaytn Potential
18:40 Conclusion


⛓️ 🔗 Useful Links 🔗 ⛓️

► Theta Explorer: https://explorer.thetatoken.org/
► Theta 3.0 Whitepaper: https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-white-paper-3-0-latest.pdf
► Theta Edgecast Overview & Download: https://docs.thetatoken.org/docs/edgecast-overview
► Theta Token Minter: https://minter.thetatoken.org/type
► Theta Browser Wallet Extension: https://chrome.google.com/webstore/detail/theta-wallet/ckelpdlfgochnkdgikcgbimdcfgpkhgk/related?hl=en&authuser=0
► ThetaSwap: https://swap.thetatoken.org/swap


📅Klaytn History📅

Klaytn’s history begins with a company called Kakao. Kakao is one of the largest publicly traded tech companies in South Korea with a market cap of roughly 40 billion US dollars

Whereas corporate crypto projects like Facebook’s Libra aka Diem were reigned in by regulators in the US, Kakao managed to work around these restrictions using subsidiary companies in foreign countries

👨‍🏫Klaytn Explained👨‍🏫

Klaytn intends to be the backbone blockchain for South Korean businesses, including Kakao. Unlike most enterprise blockchains, Klaytn is actually open source

In June 2020, the Klaytn blockchain became available on Kakaotalk via the Klip Wallet, which exists within the Kakaotalk app itself

It seems that Kakao intends the Klip wallet to be a way for businesses to reward Kakaotalk users with fungible or non-fungible tokens when they make in-app purchases or interact with sponsored content

The Klaytn blockchain is governed by the Klaytn Governance Council which consists of over 30 crypto and non-crypto companies including LG Electronics, Binance, Huobi, and even MakerDAO

💱Klaytn Blockchain Performance💱

Klatyn uses a permissioned proof of stake consensus mechanism which supports a limited number of validators
Klaytn has a 1 second block time, and can process around 4000 transactions per second, though its smart contract TPS could be as low as 12 due to its use of the EVM

Fees on the Klaytn blockchain are ‘almost 1/10th of Ethereum’ which is still quite a bit when you consider the cost of gas on Ethereum as of late, but luckily these fees can be delegated

⛓Klaytn Blockchain Architecture⛓

Klaytn’s validator nodes called core cell operators form the core cell network or CCN, which processes transactions on the Klaytn blockchain.
These validator nodes are run by the members of the Klaytn Governance Council, and each council member must stake a minimum of 5 million KLAY coins to become a core cell operator

The transactions that the CCN processes come from Endpoint Network Nodes or ENNs which do not need to stake any KLAY coins

Klaytn service chains are analogous to layer 2 scaling solutions on Ethereum except they rely on the Klaytn blockchain for security and use Endpoint Network Nodes to communicate with the Klaytn chain

💸KLAY Tokenomics 💸

The KLAY coin had an initial supply of 10 billion and has an inflation rate of 300 million KLAY per year to pay for all those block rewards

KLAY’s 2018 and 2019 ICOs saw 36% of its supply sold for around 138 million dollars to as little as 26 private investors. Coins sold during the ICO have vesting schedules though this could not be confirmed

📊KLAY Price Analysis📊

CoinMarketCap’s reporting of KLAY’s circulating supply supports the notion of a vesting schedule, which is actually not good when you combine it with KLAY’s inflation schedule

While KLAY has a 24-hour trading volume of nearly 400 million at the time of shooting, most of this trading volume is happening on the Klayswap DEX which is a bit concerning given its lack of users

🤨 Klaytn Potential🤨

Klaytn has given minimal attention to adoption, partnerships, and even basic communication. Its social media activity is remarkably low given its apparent size, and does not have a defined roadmap


📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Klaytn #KLAY #Crypto #kakao #blockchain #apps

Millionaire Secret Number 6 – Find a Winning Product and Discover The Best Opportunity Ever!

All millionaires obtained to where they are with a car. The car is the super-wonderful service or product that everyone desired to obtain their hands on. The millionaire has the ability to identify these wining products and also offer them to the globe. Today, you can become such a millionaire, joining the rankings of others that picked the only trademarked, medically confirmed method to enhance and also boost the body immune system.

Why Schools Never Teach You Anything About Money

Few days ago, a son of a friend pertained to me requesting suggestions on programs to study for his future. When I asked him what he desired to be in future, he stated, “I desire resemble Donald Trump and Robert Kiyosaki!” “What is so special about Donald Trump and also Robert Kiyosaki?” I asked. He stated, “Both of them belong to the B-I quadrant. They are running organizations as well as they are wonderful investors.” Tolerable for a child that is only 17 years old I assumed. “Well … Most likely to the college where teachers are presently in the B-I quadrant then!” I responded to. “So … Why is it that there are no educators in college that remain in the B-I quadrant?” he asked once again. Allow’s have a look at how the education and learning system was developed.

5 Steps to Choose Your Financial Advisor

Prior to you decide on your economic consultant, ensure that you have weighed all your choices. The net is substantial as well as would easily provide you with information and the contact information of financial specialists. Buddies and also acquaintances might additionally give helpful leads in the issue.

Geographic Business Model: An Endangered Species

The geographic service design is developing into a worldwide one. Absolutely regional companies have come to be a jeopardized species. The number of “mother and also pop” stores have you seen provide means to the glossy new warehouse store chain down the street? It’s been occurring for a long period of time. As quickly as trains as well as vehicles were created, individuals had the capability to travel to purchase items and services-and ended up being much less dependent on geographic organizations. Still, the geographical organization had a benefit. Sometimes people simply do not want to travel to get those products and services-it’s easier and less lengthy to purchase from the local, geographical company.

Become A Millionaire And Create Your Own Story Of Success

Do you desire to become a millionaire? So what are those suggestions to earn money? There are numerous methods to obtain million bucks which includes being birthed right into it, acquiring or winning a lotto game. However for those that do not come under this category, there are particular ways in which you as well can enhance your funds.

You May Also Like