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What is Klaytn (KLAY)?
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.
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How does Klaytn (KLAY) work?
Blockchain Applications (BApps) are first-class citizens in Klaytn’s world. We strive to offer the highest performance and the most productive environment that caters to a wide spectrum of engineering audience, from micro startups to enterprise divisions. With combination of Klaytn features, including low-latency network responsiveness, reliable yet powerful transaction throughput, flexible scalability through Service Chains, and transaction fee subsidization for end-users, BApp designers will be liberated to deliver the best experience for their customers. Further, Klaytn network’s seamless interoperability with legacy enterprise assets (via Enterprise Proxy) offers quick onramp for teams planning to newly integrate blockchain features into their offerings.
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