KleverChain: A Deep Dive into This Unique Blockchain Project
Blockchain technology can seem pretty complicated, especially if you’re new to the space. But guess what? Top blockchain projects like Klever are working round the clock to make it easy for everyone to understand and participate in the blockchain space.
Klever is a leading blockchain project that offers remarkable services to the crypto space. To start with, Kleverchain makes it easy for devs to build and deploy blockchain KApps. Besides offering a variety of decentralized applications, the launch of its Testnet in 2021 ensured that devs can now build apps, test them, and optimize them while ensuring that the entire blockchain experience is seamless, secure and inspiring.
KleverChain and its proof-of-stake architecture
KelverChain is a proof-of-stake blockchain project. Thanks to its unique consensus mechanism, individuals or companies can become validators based on the KLV (the native token of the KleverChain ecosystem) staked on the chain. Validators are responsible for validating and mining blocks on the KleverChain ecosystem. Also, these validators double as master nodes with seamless access to a robust network.
While the bitcoin network only processes 4.6 transactions per second, KleverChain trumps that number by putting together a technology that allows it to process 2000 transactions per second. Being able to handle insane amounts of data and managing multiple blockchain nodes ensured that Kleverchain has built a reputation in managing microservices. At the moment, KleverChain boast of having over 3 million-plus users actively using the Klever Wallet.
Klever blockchain apps (KApps)
KleverChain is working assiduously to launch its very own built-in KApps. When this goes live, devs will be able to seamlessly disable and enable various KApps, including Liquidity mining, On-Chaiswap, NFT marketplace, DEX, domain sales, staking, liquidity pools and more.
Launching and deploying a project on the KleverChain ecosystem requires that devs use the company’s signature KleverOS software development kit (SDK). With KleverOS, blockchain development has never been easier. And yes, users don’t need to have a sophisticated understanding of crypto and blockchain to build KApps on the KleverChain Platform.
It’s true that apps can sometimes be challenging to deploy on blockchain networks, and that’s because of the complexities that come with the entire process. But guess what? Klever is changing that narrative. While the company is lowering the barrier to entry, it has put in place remarkable features that make it easy for devs to integrate the features they like.
Compared to other blockchain projects, KleverChain has a secure and unique infrastructure that makes it easy for devs to build and deploy dapps. And the best part is that the entire process is cost-effective.
With many features available on the KleverChain ecosystem, the project is poised to become one of the leading blockchain projects out there.
The KleverChain story
KleverChain has gone through a series of rebranding efforts. This was because the team behind this project wanted to launch a blockchain project that would stand the test of time. Thanks to work done behind the scenes through Klever labs, the brand has launched a series of exceptional products and services, including the Klever Wallet, which has become one of the most used crypto wallets within the crypto industry.
What’s so unique about Klever Wallet is that it puts the power of blockchain technology into the hands of its users.
KleverChain: Scalability and performance at its finest
One thing that has made KleverChain stand out from other projects out there is that they offer high-speed transactions while charging low fees for transactions executed on the Klever ecosystem. In terms of transactions, KlerverChain is said to be able to process 2000 transactions per second. This puts it above projects like Bitcoin and Ethereum that can only process minimal transactions per second.
KleverChain and its security architecture
Besides providing self-custody, KleverChain also protects ownership of digital assets via its sophisticated Klever Wallet.
In terms of security, Klever has deployed some of the leading security mechanisms to ensure the security of its system. For instance, Klever’s SDK uses advanced state of the art security mechanisms to secure users’ private keys and digital assets.
Also, Klever’s Native Core, dubbed the Black Box, has further boosted security in the KleverChain ecosystem. While the Black Box is designed to communicate seamlessly with the users’ interface of the Klever Wallet, it is totally isolated. This makes any attempt to hack the Klever Wallet futile and impossible.
Klever Wallet and its supported blockchains
The KleverChain ecosystem currently supports several digital assets, including Tron, Bitcoin, Litecoin, TRC 20 tokens, BNB, Ethereum, Ripple, DigiByte, Bitcoin Cash, and ERC20 tokens.
Klever Finance Token
While KleverChain has KLV as its native token, it also has Klever Finance Token (KFI). This token gives holders complete control over apps and protocol configuration, including approval of new apps using a sophisticated, on-chain voting system.
KleverChain and the Trusted Node Connection
As one of the leading proof-of-stake and next generation blockchain validators, Trusted Node is always looking out for great projects to add to our ecosystem. We are particularly interested in projects that provide unique opportunities for our community to earn mouthwatering rewards for staking their assets. We are proud of what KleverChain brings to the proof-of-stake ecosystem and look forward to adding the project to our growing list of validator nodes. Aiming at adding support for KleverChain, we are giving users a chance to earn remarkable rewards and high APY for locking their KLV tokens on our staking portal in the near future.