HYBRID BLOCKCHAINS ECOSYSTEMS BUILT FOR A NEW TOKEN ECONOMY
Creating success through the use of decentralized file-sharing in an open-source ecosystem to run a public cryptocurrency has allowed more people to understand how such infrastructure can improve basic social economics. Bitcoin, and Zero cash are two examples of specialized blockchain applications, and the best example of a smart contract platform would still be Ethereum, which allows for many applications of the Ethereum Virtual Machine (EVM). There have been drawbacks to the different blockchains that have been created thus far, such as the lack of energy efficiency, lack of any type of well thought out governance mechanisms and limited or poorly performing blockchains. Scalability was not thought of when Bitcoin was incepted, and now there are proposals to create scalability throughout Bitcoin’s transaction process.These include Bitcoin and Segregated-Witness, which are both vertical scaling models which are still bound by a lack of capacity within any single machine. This approach is necessary for pre-existing blockchains that didn’t consider their scalability due to the requirement to maintain a complete auditability. There is also the Lighting Network, which could be used instead of alternative options to bring scalability to Bitcoin transaction volume. This would be accomplished in the Lightning Network by reducing the number of transactions that are on the ledger. This approach is suitable for privacypreserving payment rails and for micropayments but might not suit more generalized scaling requirements.Multiple blockchains running in parallel could use this solution advantageously, allowing for interoperation and still keeping all security properties of the blockchain. Proof-of-work approaches make this all but impossible. For merged mining, work is allowed to be done for the securing of a parent chain to be used again on a child chain but does not take away the need for each individual transaction to be validated by each node in order. Merged mined blockchains are also open to attack from a hashtag power majority on the parent chain, where there is no active merging of the child chain. This is where KAPPI comes in. KAPPI is a unique blockchain which has network architecture that addresses each of the above problems.KAPPI works as a network of several different independent blockchains, which are called spaces. Each of these spaces are powered through a KAPPI DWARF, ensuring that there are a consistent, high-performing and secure PBFT similar consensus engine wherein the accountability is guaranteed through forks. The KAPPI algorithm is scalable and can be used for proof of stake, public blockchains. Within the fist space on KAPPI is the KAPPI DWARF. The KAPPI is a cryptocurrency that operates a multi-asset proof of stake and has a simple governance system that allows for upgrades and is generally adaptable. The KAPPI DWARF can connect to other spaces allowing it to be extended.The spaces and the DWARF of the KAPPI network communicate between themselves through an inter-blockchain protocol, which is like a virtual UDP for blockchains. This makes it easy to transfer tokens between zones in a fast and secure way without the requirement of exchanging liquidity between each zone. In this approach, the tokens that are transferred between zones will go through the KAPPI DWARF that keeps a running tally of all tokens within each space. The KAPPI DWARF acts like a surge protector that isolates each zone from any failure experienced in any other zone. Anyone can connect new zones to the KAPPI DWARF, the spaces are capable of being compatible with blockchain innovations in the future.
Kappi solved many problems from the existing blockchain:
KAPPI CONSENSUS PROTOCOL
The KAPPI consensus protocol and the interface which was used to build the application is backed by nodes which retain voting power which is no-negative. This is different than the classic Byzantine Fault Tolerant (BFT) algorithm that has each node carrying the same weight. In the KAPPI consensus, validators are able to participate in the consensus protocol through broadcasting cryptographicbased signatures, which are referred to as votes, that agree on the next block. The voting power of each validator is determined at genesis and can be altered deterministically within the blockchain, which would be dependent on what the application is. An example of this is that the staking tokens can be bonded as collateral to determine the voting power. Unless all the validators have an equalweight, fractions would not be used to refer to the validator but only for the total voting power.An analogy can be made with Bitcoin, which is known as a cryptocurrency blockchain that operates by having each node carrying a fully audited Unspent Transaction Output (UTXO) database. If someone wished to create that type of system on an ABCI foundation the KAPPI DWARF would have the responsibility to share transactions and blocks between each node. This would establish an immutable or canonical order to the transactions in the blockchain.
SCALABILITY AND DECENTRALIZATION
KAPPI is comprised of a network of many blockchains that being powered by KAPPI. KAPPI allows many blockchains to be running concurrently with each other whilst retaining interoperability.At its DWARF, KAPPI DWARF manages multiple independent blockchain ‘zones’, that are also referred to by some as shards. With a constant stream of block commits coming from zones on the DWARF, it can keep up with each zone’s information and its current state.In turn, the zones keep up with the DWARF, but not each other except through the DWARF. Information packets are sent from one zon to another through the DWARF through Merkle-proof posting showing that the information was both sent and received accurately.
- High performance
- Hybrid blockchain
- Can be adjusted
- Easy integration
- 35% Private sale
- 20% Public sale
- 20% Team
- 10% Platform development fund
- 10% Mainet swap burn
- 5% Bounty
Mar 2018: Blockchain researchAugust 2018: Initial coding, draft whitepaperDecember 2018: Prospective investor meetingsMay 2019: Kappi Network LTD was formedJun 2019: Personal SalesAugust 2019: Distribution registrationSep 2019: Public salesFebruary 2020: Testnet 1.0 (Red Dwarf) livesMay 2020: Testnet 2.0 (White Dwarf) livesJul 2020: Mainnet (Polymorph) livesNov 2020: Mainnet swapFeb 2021: Kappi Network blockchain licensingMay 2021: Mainstream adoption through licensing sales
Daniel Jonsson: FounderAnna Lanonen: Project Lead DevelopmentMiguela Webster: Network ArchitectAnna Ketola: DeveloperSaad Sher: DeveloperDavid Attard: Graphic Designer
FOR MORE INFORMATION CLICK LINK BELLOW:
- Website: https://kappi.network/
- Telegram: https://t.me/kappi_network
- Github: https://github.com/kappinetwork
- Twitter: https://twitter.com/kappinetwork