\ud83d\udcf2 Insider Info in my Socials \ud83d\udc49 https:\/\/guy.coinbureau.com\/socials\/
\n\ud83d\uded2 Klaytn on OKEX \ud83d\udc49 https:\/\/okex.coinbureau.com
\n\ud83d\udc55 My Merch Store \ud83d\udc49 https:\/\/store.coinbureau.com
\n\ud83d\udd25 TOP Crypto TIPS In My Newsletter \ud83d\udc49 https:\/\/guy.coinbureau.com\/signup\/<\/p>\n

~~~~~
\n\ud83d\udcfa Essential Videos \ud83d\udcfa<\/p>\n

Facebook\u2019s Libra aka Diem \u201cCryptocurrency\u201d \ud83d\udc49 https:\/\/youtu.be\/6nDyizNCKWo
\nThe Importance Of Tokenomics \ud83d\udc49 https:\/\/youtu.be\/ftCaqG7wckg
\nTerra, Mirror, Anchor Explained \ud83d\udc49 https:\/\/youtu.be\/7HLiZxkbxfY<\/p>\n

~~~~~<\/p>\n

– TIMESTAMPS –
\n0:00 Intro
\n1:42 Klaytn History
\n5:01 Klaytn Explained
\n8:04 Klaytn Blockchain Performance
\n9:17 Klaytn Blockchain Architecture
\n11:56 KLAY Tokenomics
\n13:33 KLAY Price Analysis
\n15:51 Klaytn Potential
\n18:40 Conclusion <\/p>\n

~~~~~<\/p>\n

\u26d3\ufe0f \ud83d\udd17 Useful Links \ud83d\udd17 \u26d3\ufe0f<\/p>\n

\u25ba Theta Explorer: https:\/\/explorer.thetatoken.org\/
\n\u25ba Theta 3.0 Whitepaper: https:\/\/s3.us-east-2.amazonaws.com\/assets.thetatoken.org\/Theta-white-paper-3-0-latest.pdf
\n\u25ba Theta Edgecast Overview & Download: https:\/\/docs.thetatoken.org\/docs\/edgecast-overview
\n\u25ba Theta Token Minter: https:\/\/minter.thetatoken.org\/type
\n\u25ba Theta Browser Wallet Extension: https:\/\/chrome.google.com\/webstore\/detail\/theta-wallet\/ckelpdlfgochnkdgikcgbimdcfgpkhgk\/related?hl=en&authuser=0
\n\u25ba ThetaSwap: https:\/\/swap.thetatoken.org\/swap<\/p>\n

~~~~~<\/p>\n

\ud83d\udcc5Klaytn History\ud83d\udcc5<\/p>\n

Klaytn\u2019s 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<\/p>\n

Whereas corporate crypto projects like Facebook\u2019s Libra aka Diem were reigned in by regulators in the US, Kakao managed to work around these restrictions using subsidiary companies in foreign countries<\/p>\n

\ud83d\udc68\u200d\ud83c\udfebKlaytn Explained\ud83d\udc68\u200d\ud83c\udfeb <\/p>\n

Klaytn intends to be the backbone blockchain for South Korean businesses, including Kakao. Unlike most enterprise blockchains, Klaytn is actually open source<\/p>\n

In June 2020, the Klaytn blockchain became available on Kakaotalk via the Klip Wallet, which exists within the Kakaotalk app itself<\/p>\n

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<\/p>\n

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<\/p>\n

\ud83d\udcb1Klaytn Blockchain Performance\ud83d\udcb1<\/p>\n

Klatyn uses a permissioned proof of stake consensus mechanism which supports a limited number of validators
\nKlaytn 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<\/p>\n

Fees on the Klaytn blockchain are \u2018almost 1\/10th of Ethereum\u2019 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<\/p>\n

\u26d3Klaytn Blockchain Architecture\u26d3<\/p>\n

Klaytn\u2019s validator nodes called core cell operators form the core cell network or CCN, which processes transactions on the Klaytn blockchain.
\nThese 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<\/p>\n

The transactions that the CCN processes come from Endpoint Network Nodes or ENNs which do not need to stake any KLAY coins<\/p>\n

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<\/p>\n

\ud83d\udcb8KLAY Tokenomics \ud83d\udcb8 <\/p>\n

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<\/p>\n

KLAY\u2019s 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<\/p>\n

\ud83d\udccaKLAY Price Analysis\ud83d\udcca<\/p>\n

CoinMarketCap\u2019s reporting of KLAY\u2019s circulating supply supports the notion of a vesting schedule, which is actually not good when you combine it with KLAY\u2019s inflation schedule<\/p>\n

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<\/p>\n

\ud83e\udd28 Klaytn Potential\ud83e\udd28<\/p>\n

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<\/p>\n

~~~~~<\/p>\n

\ud83d\udcdc Disclaimer \ud83d\udcdc<\/p>\n

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.<\/p>\n

#Klaytn #KLAY #Crypto #kakao #blockchain #apps
\n
source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\ud83d\udcf2 Insider Info in my Socials \ud83d\udc49 https:\/\/guy.coinbureau.com\/socials\/ \ud83d\uded2 Klaytn on OKEX \ud83d\udc49 https:\/\/okex.coinbureau.com \ud83d\udc55 My Merch Store \ud83d\udc49 https:\/\/store.coinbureau.com \ud83d\udd25 TOP Crypto TIPS In My Newsletter \ud83d\udc49 https:\/\/guy.coinbureau.com\/signup\/ ~~~~~ \ud83d\udcfa Essential Videos \ud83d\udcfa Facebook\u2019s Libra aka Diem \u201cCryptocurrency\u201d \ud83d\udc49 https:\/\/youtu.be\/6nDyizNCKWo The Importance Of Tokenomics \ud83d\udc49 https:\/\/youtu.be\/ftCaqG7wckg Terra, Mirror, Anchor Explained \ud83d\udc49 https:\/\/youtu.be\/7HLiZxkbxfY ~~~~~ – […]<\/p>\n","protected":false},"author":1,"featured_media":1385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[33],"tags":[50,1424,1425],"class_list":{"0":"post-1384","1":"post","2":"type-post","3":"status-publish","4":"format-video","5":"has-post-thumbnail","7":"category-videos","8":"tag-crypto","9":"tag-klaytn","10":"tag-whats","11":"post_format-post-format-video"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/1384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/comments?post=1384"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/1384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/1385"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=1384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=1384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=1384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}