As we all know, community strength plays a crucial role in promoting Cryptocurrency projects, and therefore, the establishment of community consensus is crucial.
Everyone is an independent individual, and everyone has their own way of thinking about issues and different interests and needs. Therefore, in the project progress, how to make everyone’s way of thinking about issues as consistent as possible, and how to make the interests of members as convergent as possible, are key issues that every project party needs to solve. Because any Cryptocurrency project relies on the Decentralization’s Consensus Mechanism, in order to form a Consensus Mechanism, it is necessary to have the broad participation of community members and the recognition of the project’s concept as a premise.
We found that K Chain has turned in a satisfactory answer in achieving the two major KPIs of “broad member participation” and “acknowledgment of common beliefs”.
First, let’s talk about the ‘wide participation of members’.
To enable widespread participation of community members in Crypto Assets, it is first necessary to establish and maintain a sufficiently professional interactive platform. After all, without even a ‘gathering place,’ how can we talk about ‘widespread participation’?
At this point, K-Chain is very confident. With advanced technological architecture and unique innovation as its capital, K-Chain is committed to filling the gap in the current blockchain market in the field of social ecology. By integrating the POSA mining mechanism, K-Chain not only improves the security and efficiency of the network, but also provides incentives for users to participate in network governance. The optimization of this consensus mechanism makes K-Chain…
Able to support the operation of large-scale social applications while maintaining low transaction costs and fast transaction confirmation times, it solves the performance bottleneck of existing public chains in handling high-concurrency social activities.
One of the most noteworthy is LinkSay, the flagship application of the K chain. This is a revolutionary Decentralization chat tool that uses distributed storage technology to ensure that users’ chat records and personal data are securely stored on the Block on-chain, rather than in traditional centralized servers. This storage method not only enhances data security and reduces the risk of data leakage and abuse but also provides strong protection for user data privacy.
It is precisely because of the Linksay platform that users can enjoy real freedom of speech, freely express their opinions without worrying about information being blocked or deleted. This also provides a favorable foundation for the extensive participation of community members. There is a feature on the LinkSay APP that is established for the community. Those with insight can choose like-minded individuals based on their own aesthetics, preferences, and investment methods, gather together, form corresponding communities, publicly communicate project updates, project milestones, etc., and also use forums, social media, and current affairs channels to keep the community informed. For example, on LinkSay, you can find community groups divided by geographical location, bringing together communities from all over the world, such as the overseas Xinshan community, the Vietnam community, the Yangcheng community in the Greater China region, the Guangshen community, the Suzhou-Hangzhou community, the Guangshen community, etc. Friends from the same region can join the same group, and everyone can share local information in real time, undoubtedly providing an ideal environment for promoting thought exchange and knowledge sharing.
In order to better serve the community members, in addition to achieving the basic principles of ‘distributed storage’ and ‘freedom of speech’, K Chain and LinkSay also use K Chain’s blockchain technology to realize the function of conducting transactions and transfers through Cryptocurrency (all transactions are transparent and tamper-proof). This not only provides users with a reliable payment method, but also provides a secure platform for commercial transactions, thereby attracting more community members to participate and increasing their stickiness to the community.
Let’s talk about the “acknowledgment of common ideals” again.
The vision of K-Chain is evident, which is to bring a more secure data storage, fair value distribution, and a more free communication environment to the Social Web through blockchain technology, thereby promoting the healthy development of the social ecosystem and building an open, interconnected,
Smart social new world.
The emergence of TokenK provides a bridge in this new world of intelligent social networking, enabling linkage between the K community members and K Chain. TokenK can provide a new value exchange and social interaction platform for global users, which is also a prerequisite for the establishment of a high Consensus.
In fact, the way KCoin operates on the KChain is similar to the way ETH operates on the Ethereum network. As the native token of KChain, its total supply is 21 million, generated through mining. Trusted nodes will act as initial validators to receive the initial staking amount of KCoin when the network launches the genesis block, and after the start of block production, each block will generate a block reward of 0.4 KCoin. It is worth mentioning that after KCoin is produced through mining, it will undergo halving every time it reaches 1 million coins.
The process of Mining to produce K coins is actually the process of building Consensus among the members of the community to achieve the same understanding and concept. Because K coin is the unique native Token of K Chain, it can circulate freely in the social ecology of K Chain. Not only can everyone use K coins to pay transaction fees, but they can also be used to pay fees for deploying Smart Contracts on K Chain. Everyone can obtain K coins through Mining; use K coins to pay for the relevant fees for deploying Smart Contracts on K Chain; transfer and send red envelopes on Linksay using K coins; and enjoy the appreciation of Tokens due to K coin Halving. Because of the emergence of K coins, the common interests of everyone are becoming more and more closely tied, and the stability of the Consensus established is self-evident.
The emergence of K Coin is to bring a unique incentive mechanism to the community members. K Chain encourages network and community members to engage in collective value creation, participate through Mining, sharing, or exchanging value. In the near future, holders of K Coin will have the right to participate in community governance, voting on key decisions including project development direction, fund usage, protocol upgrades, and more. It is not an exaggeration to say that gaining governance rights has a profound impact, allowing Tokenholders to directly influence the future development of the K Chain ecosystem, thereby further enhancing their sense of belonging and responsibility to the community, forming a positive cycle.
The role of K currency is not only to act as a carrier of economic value, but also a symbol of community culture and identity. Today’s K currency has become a symbol of common recognition among K chain community members, naturally enhancing the cohesion of the community.
In the long run, a vibrant and promising community should meet three key elements: a sense of belonging, practicality, and ownership. K Chain has achieved all of the above.
The Web 3.0 era is an era that emphasizes sharing, equality, and interaction. The realization of these features undoubtedly relies on the power of the community. The community is not only the cornerstone of the success of cryptocurrency projects but also the source of motivation for continuous innovation and progress in projects. A healthy and active community is indispensable for any cryptocurrency project.
K Chain understands a truth: to create the most eye-catching killer applications, it must rely on the power of the community. Next, K Chain will also create more incentive mechanisms and excellent policies to give back to community members.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The community strength of K-Chain sounds the horn of advancing into the public chain.
As we all know, community strength plays a crucial role in promoting Cryptocurrency projects, and therefore, the establishment of community consensus is crucial.
Everyone is an independent individual, and everyone has their own way of thinking about issues and different interests and needs. Therefore, in the project progress, how to make everyone’s way of thinking about issues as consistent as possible, and how to make the interests of members as convergent as possible, are key issues that every project party needs to solve. Because any Cryptocurrency project relies on the Decentralization’s Consensus Mechanism, in order to form a Consensus Mechanism, it is necessary to have the broad participation of community members and the recognition of the project’s concept as a premise.
We found that K Chain has turned in a satisfactory answer in achieving the two major KPIs of “broad member participation” and “acknowledgment of common beliefs”.
First, let’s talk about the ‘wide participation of members’.
To enable widespread participation of community members in Crypto Assets, it is first necessary to establish and maintain a sufficiently professional interactive platform. After all, without even a ‘gathering place,’ how can we talk about ‘widespread participation’?
At this point, K-Chain is very confident. With advanced technological architecture and unique innovation as its capital, K-Chain is committed to filling the gap in the current blockchain market in the field of social ecology. By integrating the POSA mining mechanism, K-Chain not only improves the security and efficiency of the network, but also provides incentives for users to participate in network governance. The optimization of this consensus mechanism makes K-Chain… Able to support the operation of large-scale social applications while maintaining low transaction costs and fast transaction confirmation times, it solves the performance bottleneck of existing public chains in handling high-concurrency social activities.
One of the most noteworthy is LinkSay, the flagship application of the K chain. This is a revolutionary Decentralization chat tool that uses distributed storage technology to ensure that users’ chat records and personal data are securely stored on the Block on-chain, rather than in traditional centralized servers. This storage method not only enhances data security and reduces the risk of data leakage and abuse but also provides strong protection for user data privacy.
It is precisely because of the Linksay platform that users can enjoy real freedom of speech, freely express their opinions without worrying about information being blocked or deleted. This also provides a favorable foundation for the extensive participation of community members. There is a feature on the LinkSay APP that is established for the community. Those with insight can choose like-minded individuals based on their own aesthetics, preferences, and investment methods, gather together, form corresponding communities, publicly communicate project updates, project milestones, etc., and also use forums, social media, and current affairs channels to keep the community informed. For example, on LinkSay, you can find community groups divided by geographical location, bringing together communities from all over the world, such as the overseas Xinshan community, the Vietnam community, the Yangcheng community in the Greater China region, the Guangshen community, the Suzhou-Hangzhou community, the Guangshen community, etc. Friends from the same region can join the same group, and everyone can share local information in real time, undoubtedly providing an ideal environment for promoting thought exchange and knowledge sharing.
In order to better serve the community members, in addition to achieving the basic principles of ‘distributed storage’ and ‘freedom of speech’, K Chain and LinkSay also use K Chain’s blockchain technology to realize the function of conducting transactions and transfers through Cryptocurrency (all transactions are transparent and tamper-proof). This not only provides users with a reliable payment method, but also provides a secure platform for commercial transactions, thereby attracting more community members to participate and increasing their stickiness to the community.
Let’s talk about the “acknowledgment of common ideals” again. The vision of K-Chain is evident, which is to bring a more secure data storage, fair value distribution, and a more free communication environment to the Social Web through blockchain technology, thereby promoting the healthy development of the social ecosystem and building an open, interconnected, Smart social new world.
The emergence of TokenK provides a bridge in this new world of intelligent social networking, enabling linkage between the K community members and K Chain. TokenK can provide a new value exchange and social interaction platform for global users, which is also a prerequisite for the establishment of a high Consensus.
In fact, the way KCoin operates on the KChain is similar to the way ETH operates on the Ethereum network. As the native token of KChain, its total supply is 21 million, generated through mining. Trusted nodes will act as initial validators to receive the initial staking amount of KCoin when the network launches the genesis block, and after the start of block production, each block will generate a block reward of 0.4 KCoin. It is worth mentioning that after KCoin is produced through mining, it will undergo halving every time it reaches 1 million coins.
The process of Mining to produce K coins is actually the process of building Consensus among the members of the community to achieve the same understanding and concept. Because K coin is the unique native Token of K Chain, it can circulate freely in the social ecology of K Chain. Not only can everyone use K coins to pay transaction fees, but they can also be used to pay fees for deploying Smart Contracts on K Chain. Everyone can obtain K coins through Mining; use K coins to pay for the relevant fees for deploying Smart Contracts on K Chain; transfer and send red envelopes on Linksay using K coins; and enjoy the appreciation of Tokens due to K coin Halving. Because of the emergence of K coins, the common interests of everyone are becoming more and more closely tied, and the stability of the Consensus established is self-evident.
The emergence of K Coin is to bring a unique incentive mechanism to the community members. K Chain encourages network and community members to engage in collective value creation, participate through Mining, sharing, or exchanging value. In the near future, holders of K Coin will have the right to participate in community governance, voting on key decisions including project development direction, fund usage, protocol upgrades, and more. It is not an exaggeration to say that gaining governance rights has a profound impact, allowing Tokenholders to directly influence the future development of the K Chain ecosystem, thereby further enhancing their sense of belonging and responsibility to the community, forming a positive cycle.
The role of K currency is not only to act as a carrier of economic value, but also a symbol of community culture and identity. Today’s K currency has become a symbol of common recognition among K chain community members, naturally enhancing the cohesion of the community.
In the long run, a vibrant and promising community should meet three key elements: a sense of belonging, practicality, and ownership. K Chain has achieved all of the above.
The Web 3.0 era is an era that emphasizes sharing, equality, and interaction. The realization of these features undoubtedly relies on the power of the community. The community is not only the cornerstone of the success of cryptocurrency projects but also the source of motivation for continuous innovation and progress in projects. A healthy and active community is indispensable for any cryptocurrency project.
K Chain understands a truth: to create the most eye-catching killer applications, it must rely on the power of the community. Next, K Chain will also create more incentive mechanisms and excellent policies to give back to community members.