What is King DAG?
King DAG is a blockchain-based protocol designed to enhance all aspects of blockchain technology. The project is the underlying infrastructure for a new generation of value networks. The platform is dedicated to building underlying and trusted protocols. It offers efficient, secure, convenient, and stable development and deployment resources to customers across the world.
The technical characteristics of the King DAG protocol include:
- KDAG structure. This directed acyclic graph (DAG) architecture replaces the traditional chain structure completely. It offers complete decentralization, absolute security, and unrivaled performance. Its transaction speed can exceed 30,000 TPS.
- Hug Algorithm. The algorithm solves data consistency. Nodes that embrace Hug Algorithm get legal transaction references and achieve complete decentralization.
- Surf Effect. This feature greatly improves the random attribute of the node’s legal reference. It helps achieve high-security transaction privacy.
Besides, note that the project embraces open ecology, open application, and integration with other ecological cooperations. Thus, King DAG infrastructure can fully integrate with the latest products and features in the field of technology such as big data, artificial intelligence, cloud computing, and 5G. Additionally, it can seamlessly connect with other blockchain networks.
King DAG Protocol uses the KDAG token to power its operations. You can view the KDAG price on the live chart above.
Use Cases of KDAG Tokens
King DAG is a multi-utility asset. The token can be used to make payments on the King DAG ecosystem. Additionally, KDAG is also listed on various exchanges, where it can be bought and sold. However, it is important to remember that, just as with other crypto assets, the KDAG price can get volatile. Therefore, you should research the token price performance to make an informed trade decision. Various factors may influence the King DAG price, including market factors such as demand and supply.
Who Founded King DAG?
King DAG was founded by a team based in Singapore in 2019. There is little information about the founder’s profile. According to the roadmap, the main network was completed in Q1 of 2020. The Surf Effect was completed in Q4 of 2020. The platform's on-chain ecosystem was ready by the second half of 2021. Besides, King DAG is backed by many reputable venture capitalists including ACapital, LongHill Capital, BC Stone, Casual Investment, and Vancon.
Tokenomics of KDAG
King DAG has a max supply of 1 billion tokens. The tokenomics is designed to prevent undesirable inflation. Additionally, King DAG token economics ensures there are sufficient tokens in circulation to support the network's activities. Therefore, this model balances demand and supply, ensuring the stability of the KDAG price.
