Staking KLX. How does it work.
23 Feb 2023, 11:44
🚀 Staking KLX. How does it work?
The act of staking KLX involves holding KLX tokens onto the chain to enhance the security of the entire Kalima network. In exchange for this contribution, stakers receive rewards.
😎 KLX holders will be able to stake their tokens before the bridge of the KLX token. The bridge will be the swap from the ERC20 standard to the native KLX standard on the Kalima MainChain and is scheduled for Q1 2024.
💸The longer the tokens are staked, the bigger the reward will be, with a maximum return of 10%, for a maximum staking period, i.e. from February 2nd to the day of the launch of the bridge.
📈 Staking KLX ERC20 tokens will help build and secure the Kalima Network, creating a robust staking pool ahead of the launch of the Kalima MainChain.
☝️To participate in the pre-bridge staking, a KLX holder will simply have to declare "a staking address" here the Kalima website :
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223 Feb 2023, 12:02
Cryptocurrency market outlook for 2023 📈
Based on the current crypto market trends and events, here are some general outlooks for the cryptocurrency market in 2023:
⚡️Institutional adoption of cryptocurrency has been on the rise in recent years and this trend is likely to continue in 2023.
⚡️Governments around the world are increasingly looking to regulate cryptocurrencies which could have both positive and negative effects on the market.
⚡️As the technology behind cryptocurrencies continues to evolve, new use cases are likely to emerge in various fields including IoT.
⚡️The cryptocurrency market has historically been volatile and this trend is likely to continue in 2023. Factors such as market sentiment, news events and changes in regulation could all impact prices in a significant way.
☝️Overall, the cryptocurrency market outlook for 2023 is uncertain but there are many positive developments that could drive growth and adoption. However, investors should always exercise caution and conduct thorough research before investing in cryptocurrencies, as the market can be unpredictable and risky.
Know more about Blockchain in IoT by following us on social media:
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Cryptocurrency market outlook for 2023.
Cryptocurrency market outlook for 2023 📈
Based on the current crypto market trends and events, here are some general outlooks for the cryptocurrency market in 2023:
⚡️Institutional adoption of cryptocurrency has been on the rise in recent years and this trend is likely to continue in 2023.
⚡️Governments around the world are increasingly looking to regulate cryptocurrencies which could have both positive and negative effects on the market.
⚡️As the technology behind cryptocurrencies continues to evolve, new use cases are likely to emerge in various fields including IoT.
⚡️The cryptocurrency market has historically been volatile and this trend is likely to continue in 2023. Factors such as market sentiment, news events and changes in regulation could all impact prices in a significant way.
☝️Overall, the cryptocurrency market outlook for 2023 is uncertain but there are many positive developments that could drive growth and adoption. However, investors should always exercise caution and conduct thorough research before investing in cryptocurrencies, as the market can be unpredictable and risky.
Know more about Blockchain in IoT by following us on social media:
🌐 Facebook: https://www.facebook.com/KalimaBlockchain
🌐 Twitter: https://twitter.com/Kalima_KLX
🌐 Instagram: https://www.instagram.com/kalima_klx/
🌐 Reddit: https://www.reddit.com/user/Kalima_KLX
23 Feb 2023, 11:52
🟢 How does the Kalima blockchain work?
Kalima Blockchain is a layer 1 third-generation blockchain designed for IoT and enterprise use. This means that our blockchain is highly scalable with lightning-fast processing and nominal transaction fees.
⌨️ Our platform provides an expanding ecosystem for developers, startups and businesses to create Web 3.0, Enterprise and Data Governance applications that solve real-world problems with a particular focus on IoT data.
The Kalima Network operates as a decentralized system and is governed by its community. It consists of validation pools and validation nodes that are built on the Kalima Blockchain technology.
👀 The Kalima Network consists of three main components: the "Kalima MainChain", "PrivaChains" and “Validation pools”.
The Kalima Network is a dynamic system that operates on the Kalima protocol with its fundamental principles rooted in modularity, security and scalability.
✅ The purpose of the Kalima Network is to manage vast amounts of sensitive data produced by industries and facilitate real-time data management through smart contracts at the edge.
Additionally, the PrivaChains within the network can interconnect with each other and other prominent public chains.
How does the Kalima blockchain work.
🟢 How does the Kalima blockchain work?
Kalima Blockchain is a layer 1 third-generation blockchain designed for IoT and enterprise use. This means that our blockchain is highly scalable with lightning-fast processing and nominal transaction fees.
⌨️ Our platform provides an expanding ecosystem for developers, startups and businesses to create Web 3.0, Enterprise and Data Governance applications that solve real-world problems with a particular focus on IoT data.
The Kalima Network operates as a decentralized system and is governed by its community. It consists of validation pools and validation nodes that are built on the Kalima Blockchain technology.
👀 The Kalima Network consists of three main components: the "Kalima MainChain", "PrivaChains" and “Validation pools”.
The Kalima Network is a dynamic system that operates on the Kalima protocol with its fundamental principles rooted in modularity, security and scalability.
✅ The purpose of the Kalima Network is to manage vast amounts of sensitive data produced by industries and facilitate real-time data management through smart contracts at the edge.
Additionally, the PrivaChains within the network can interconnect with each other and other prominent public chains.