Name : Koinos (KOIN)
KOIN Price : $0.00900 -6.85%
Consensus Mechanism : Proof of Burn
Volume: 4,665
Market Cap: 730,745
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2024
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Overview
Koinos specializes in providing a general-purpose, fee-less blockchain platform that supports decentralized applications (dApps). It uses a unique "Mana" system allowing users to interact with the blockchain without needing tokens. Koinos employs a unique proof-of-burn consensus algorithm, combining aspects of proof-of-work and proof-of-stake to ensure decentralization and efficiency. Its fork-less upgradeability through a modular smart contract framework facilitates seamless system enhancements. Additionally, Koinos supports multiple programming languages via WebAssembly, enabling a broad range of developers to build on its versatile and scalable blockchain.
Whitepaper & Documents
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