Recommended
Learn
Support
klaytn Price(KLAY)USD
$0.17891187+8.53 %(24h)
Market Statistics
About Klaytn (KLAY)
Klaytn (Klay) is a public blockchain designed to serve vitality, game and creator economy. It was launched in june2019 and has a large share in the Korean blockchain market. The business is expanding globally and is supported by klaytn Growth Fund. The fund is managed by the klayn foundation, a non-profit organization based in Singapore.
As of April 2, 2022, Klay cryptocurrency (the native currency of klaytn network) is the 47th largest cryptocurrency by market value. The Klay network adopts a unique combination of three blockchains, which theoretically allows it to be easily expanded.
Klaytn is designed as a launching platform for real-world meta space solutions, which can operate in real time. Read on to learn more about this unique blockchain platform and whether investing in Klay is right for you.
The Founder of Klaytn (Klay)
The klaytn blockchain is developed, launched and managed by several organizations, which are linked to a business entity. Klay cryptocurrency was created by groundx, a subsidiary of kakao, the largest mobile platform in Korea. After several years of successful operation in South Korea, klayn Foundation began to assist in the global expansion of klaytn blockchain.
The klaytn foundation is a non-profit organization established to accelerate the global application of klaytn and the development of its ecosystem. The foundation oversees the klaytn Growth Fund and cooperates with krust, a subsidiary of kakao Corp, a large Korean Internet company.
How Does Klaytn (Klay) Work?
Klaytn cryptocurrency has various unique functions. The network provides a metadata package, including customized layer 2 solutions, smart contract library, blockchain explorer, cryptocurrency wallet, bridge and Oracle. In addition, there is an ecosystem supporting services, such as NFT market, stable currency integration, etc.
These tools make klaytn a one-stop service for those who want to build something in the metauniverse, such as playing a lucrative cryptocurrency game. Klaytn uses something called Istanbul Byzantine fault tolerance (ibft) as its consensus algorithm, allowing transactions on the network to be completed in one second. This enables use cases where transactions are close to being completed in real time, such as casting NFTs in real time for items falling in video games.
Klaytn supports Ethereum virtual machine (EVM) as part of its efforts to develop Metaverse and Web3. The network adopts the EVM specification to make its technical stack equivalent to the Ethereum stack. It is built on the existing Ethereum client, and enables the Ethereum improvement proposal (EIP) and klaytn improvement proposal (KIP) to contribute to the two ecosystems.
Klaytn cryptocurrency has a unique governance structure called Governance Committee (GC).
The members of GC are composed of enterprises and decentralized autonomous organizations (DAO) from all over the world, forming a verifier network, which can provide the benefits of decentralized public blockchain and maintain the performance of centralized licensed blockchain. Klaytn has plans to become more decentralized by adding more Daos in the future.
Why is Klaytn (Klay) Valuable?
What is klaytn cryptocurrency and what is its value in the real world? If the meta space continues to grow, developers may find the tools provided by klaytn very useful to increase the adoption of klaytn and Klay cryptocurrencies.
One thing is good for it. Klaytn relies on hub and spoke models that are considered leading scalability solutions. Klaytn’s service chain, that is, the spokes in this model, can be customized according to specific DAPP requirements, including high throughput, custom node configuration and custom security level. At best, support for nested service chains can provide the exponential scalability required for metaverse scale adoption.
Cryptocurrency Price Prediction
Avalanche (AVAX) Price Prediction
Cardano (ADA) Price Prediction
Ethereum Classic (ETC) Price Prediction
Chainlink (LINK) Price Prediction
Dogelon Mars (ELON) Price Prediction
Ripple (XRP) Price Prediction
XRP Price Prediction
Solana (SOL) Price Prediction
Ethereum Price Prediction
Bitcoin (BTC) Price Prediction
Litecoin (LTC) Price Prediction
Polygon (MATIC) Price Prediction
Dash (DASH) Price Prediction
STEPN (GMT) Price Prediction
Bitcoin Cash (BCH) Price Prediction
Stellar Lumens (XLM) Price Prediction
Yearn.Finance (YFI) Price Prediction
Waves (WAVES) Price Prediction
Bitcoin SV (BSV) Price Prediction
Filecoin (FIL) Price Prediction
Optimism (OP) Price Prediction
Tron (TRX) Price Prediction
ConstitutionDAO (PEOPLE) Price Prediction
EOS (EOS) Price Prediction
Gala (GALA) Price Prediction
Enjin (ENJ) Price Prediction
MANA Price Prediction
The Sandbox (SAND) Price Prediction
Immutable X (IMX) Price Prediction
Axie Infinity (AXS) Price Prediction
Flow (FLOW) Price Prediction
Galxe (Previously Project Galaxy) Price Prediction
Mask Network (MASK) Price Prediction
ApeCoin (APE) Price Prediction
Ethereum Name Service (ENS) Price Prediction
1inch Network (1INCH) Price Prediction
Curve Dao (CRV) Price Prediction
dYdX (DYDX) Price Prediction
PancakeSwap (CAKE) Price Prediction
Uniswap (UNI) Price Prediction
Terra Luna Classic Price Prediction
Algorand Price Prediction
Fantom (FTM) Price Prediction
Celo (CELO) Price Prediction
Blur Price Prediction
Mina Protocol (MINA) Price Prediction
Near Protocol (NEAR) Price Prediction
Toncoin (TON) Price Prediction
Qtum (QTUM) Price Prediction
Internet Computer (ICP) Price Prediction
Polkadot (DOT) Price Prediction
Aptos (APT) Price Prediction
Cosmos (ATOM) Price Prediction
Neo (NEO) Price Prediction
Binance Coin (BNB) Price Prediction
Shiba Inu (SHIB) Price Prediction
Alchemy Pay (ACH) Price Prediction
Conflux (CFX) Price Prediction
Core DAO (CORE) Price Prediction
Arweave (AR) Price Prediction
Synthetix (SNX) Price Prediction
Measurable Data Token (MDT) Price Prediction
Adventure Gold (AGLD) Price Prediction
Arbitrum (ARB) Price Prediction
Aragon (ANT) Price Prediction
MultiversX (EGLD) Price Prediction
ETHPoW (ETHW) Price Prediction
Hooked Protocol (HOOK) Price Prediction
Klaytn (KLAY) Price Prediction
LooksRare (LOOKS) Price Prediction
Ren (REN) Price Prediction
Storj (STORJ) Price Prediction
Theta Network (THETA) Price Prediction
Nem (XEM) Price Prediction
Monero (XMR) Price Prediction
Render (RNDR) Token Price Prediction
Ravencoin (RVN) Price Prediction
Zilliqa (ZIL) Price Prediction
Pepe (PEPE) Price Prediction
AiDoge Price Prediction
Sui (SUI) Price Prediction
Floki Inu (FLOKI) Price Prediction
SingularityNet (AGIX) Price Prediction
Stella (ALPHA) Price Prediction
Ankr (ANKR) Price Prediction
ARPA (ARPA) Price Prediction
Astar (ASTR) Price Prediction
Balancer (BAL) Price Prediction
Band Protocol (BAND) Price Prediction
Bella Protocol (BEL) Price Prediction
BinaryX (BNX) Price Prediction
Celsius (CEL) Price Prediction
Celer Network (CELR) Price Prediction
Cocos-BCX (COCOS) Price Prediction
Compound (COMP) Price Prediction
Shentu (CTK) Price Prediction
Cartesi (CTSI) Price Prediction
Civic (CVC) Price Prediction
DODO (DODO) Price Prediction
Open Campus (EDU) Price Prediction
Fetch.ai (FET) Price Prediction
Frax Share (FXS) Price Prediction
Game Fantasy Token (GFT) Price Prediction
GMX Price Prediction
Hedera (HBAR) Price Prediction
Highstreet (HIGH) Price Prediction
ICON (ICX) Price Prediction
SPACE ID (ID) Price Prediction
JasmyCoin (JASMY) Price Prediction
JOE (JOE) Price Prediction
Kusama (KSM) Price Prediction
Lido DAO (LDO) Price Prediction
Linear Finance (LINA) Price Prediction
Liquity (LQTY) Price Prediction
Loopring (LRC) Price Prediction
Maker (MKR) Price Prediction
Ocean Protocol Price Prediction
Radiant Capital (RDNT) Price Prediction
iExec (RLC) Price Prediction
Rocket Pool (RPL) Price Prediction
Reserve Rights (RSR) Price Prediction
SSV Network (SSV) Price Prediction
StarLink Coin Price Prediction
Stargate Finance Price Prediction
StormX (STMX) Price Prediction
Stacks (STX) Price Prediction
Swipe (SXP) Price Prediction
TomoChain (TOMO) Price Prediction
Tellor (TRB) Price Prediction
UMA (UMA) Price Prediction
TerraClassicUSD (USTC) Price Prediction
VeChain (VET) Price Prediction
WOO Network (WOO) Price Prediction
Yield Guild Games (YGG) Price Prediction
0x Protocol (ZRX) Price Prediction
Pepe 2.0 Price Prediction
Bancor Network Token (BNT) Price Prediction
JUST (JST) Price Prediction
Smooth Love Potion(SLP) Price Prediction
Step App (FITFI) Price Prediction
Chia Network (XCH) Price Prediction
Badger DAO (BADGER) Price Prediction
Perpetual Protocol(PERP) Price Prediction
Cronos (CRO) Price Prediction
Biconomy (BICO) Price Prediction
Dora Factory (DORA) Price Prediction
Gods Unchained (GODS) Price Prediction
Sweat Economy (SWEAT) Price Prediction
Flare (FLR) Price Prediction
Moonbeam (GLMR) Price Prediction
Kadena (KDA) Price Prediction
Creditcoin (CTC) Price Prediction
Illuvium (ILV) Price Prediction
Akropolis (AKRO) Price Prediction
Trust Wallet Token (TWT) Price Prediction
Alien Worlds (TLM) Price Prediction
Worldcoin (WLD) Price Prediction
Casper (CSPR) Price Prediction
Aave (AAVE) Price Prediction
Yield Guild Games (YGG) Price Prediction
Api3 (API3) Price Prediction
Optimism (OP) Price Prediction
Livepeer (LPT) Price Prediction
![]() |
Whitepaper | ![]() |
Official Website |
![](/mask.png)
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
- Terms & Agreement
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved