Published: Jun 25, 2021

Klaytn (KLAY)

Website

Status

IEO

Klaytn seeks to serve as a public blockchain platform providing an easy UX and development environment in order to convey the value of blockchain technology.

Whitepaper

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Interest lvl

High

Updated: Jun 25, 2021

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User Rating

Medium

3/5 • 1 votes

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Ticker

KLAY

Token standard

ERC20

Registration year2018

Launchpads

Binance

What is Klaytn

Kakao’s global public blockchain project Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions. It combines the best features of both public blockchains (decentralized data & control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design. Klaytn is secured by participation from numerous highly-reputable brands around the globe, working together to create a reliable business platform atop a robust system of decentralized trust. Klaytn enables businesses and entrepreneurs today to capture value using blockchain technology. Klaytn is the future, designed by GroundX.

Klaytn Roadmap

2019: Buildup Infrastructures

Focusing on Base Components (Klaytn & Toolkits)

Klaytn’s most important mission is providing an intuitive development environment and friendly end-user experience.

Each component of Klaytn architecture will be improved for stability such as Block sync, storage layer improvement. The research of consensus algorithm, multi-VM and cryptography will be started for long-term development. In order to maximize a performance of Klaytn and secure a data privacy, Service Chain can be the option for BApp partners

The toolkits are supported to build BApps conveniently including BApp listing and data analytic tool with rich tutorials and documents

Discovering Killer BApps

With +30 BApp service partners, Klaytn ecosystem will be enriched by embracing various industry domains including games, entertainment, healthcare, finance, etc. We strongly believe that some of our BApps achieve great success through massive user adoption.

2020: Buildup User Base

Data-Driven Upgrade for Klaytn Scalability & Compatibility

Once being launched, Klaytn will be updated focusing on three challenges; Scalability, Stability and Interoperability. The features and direction are determined by user requirements and data extracted from BApps. The specific items to develop have block archiving, decentralized storage, mobile SDKs, etc.

Expanding User Base via BApps

The activity of encouraging BApp providers such as community building, Proof of Contribution reserve and Klaytn Improvement Reserve will be conducted to expanding user bases.

2021: Klaytn World

Klaytn to reach mainstream with performance, security, and productivity on-par with the traditional internet

Klaytn tackles down three challenges in order to make Blockchain easier. The users will be able to use Klaytn without noticing it is a blockchain technology. In the meantime, the interchain solution should be considered to bring seamless blockchain experience amongst different type of platforms.