IV. Overview of KINGCHAIN
Kingchain, developed by the King dev team under the Linux Foundation, is an open-source blockchain platform. Designed to facilitate application development in the gaming sector, Kingchain supports both public and private networks, providing flexibility and scalability for developers.
Ethereum Compatibility
Kingchain is highly compatible with Ethereum, leveraging tools and smart contracts established on one of the most popular and leading blockchain platforms. This compatibility opens up broad possibilities for integrating and utilizing Ethereum-based services and applications within the Kingchain environment.
High Performance and Scalability
Kingchain is optimized for high performance, capable of handling thousands of transactions per second, meeting the increasing demands for speed and scalability in modern blockchain applications.
Community Support
With strong support from the Hyperledger and Linux Foundation communities, Kingchain has a large community of developers and experts, ensuring continuous innovation and improvement of the platform.
Istanbul Byzantine Fault Tolerance (IBFT) 2.0
Kingchain utilizes Istanbul Byzantine Fault Tolerance (IBFT) 2.0, an enhanced version of IBFT, providing a Byzantine fault-tolerant consensus solution. IBFT 2.0 ensures that all transactions and blocks are reliably confirmed in the network, even under conditions with untrustworthy or malicious nodes. This lays a solid foundation for the stability and security of the Kingchain network.
For more details on the consensus, please refer to: https://arxiv.org/pdf/2002.03613.pdf
Learn more about KINGCHAIN at: https://kingscan.org
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