It is a relatively new technology, yet blockchain is already running into one big problem: data congestion. And that’s only going to increase as more people catch on to its benefits. That’s actually where Kaichain comes in.
Kaichain takes scalability head-on, handling over 100,000 transactions per second—putting it way ahead of the competition. Its Proof of Authority (POA) system isn’t just fast; it’s also energy-efficient and economically sustainable.
But how did Kaichain get here? And how is it planning to reshape the blockchain space? Let’s take a closer look at this rapidly growing project.
What Is Kaichain?
Kaichain is a blockchain network to cure the shortcomings of the existing ecosystem. With a high TPS, low operational cost, and eco-friendly transaction basis, Kaichain will last in the highly dynamic sector of Web3.
It has fast transaction speeds of 100,000 TPS with a much more energy-efficient “Proof of Authority” consensus. This makes it a very ideal choice for both developers and non-developers looking into exploring and utilizing blockchain technology.
Compatibility with EVM means that Kaichain will have full integrative ability with the current smart contracts, therefore offering developers easier deployment of new dApps without needing to get into learning new coding languages.
As an added bonus, Kaichain has several in-house features currently in development, making it more than just a blockchain network.
Transactions on Kaichain are flawless and can be done at any time and from anywhere with minimal fees. Its unmatched speed is made possible by compressed block sizes, fast validations, and short block times. This ensures that every transaction is completed efficiently and without delay.
Where Does Kaichain Come From?
We went through Kaichain’s whitepaper and found, among other things, an interesting fact: its birth story. If you went back in time to September 2021, you’d see the Solana network halting for hours and causing a clog. The same scenario repeated in December…twice.
This caught the attention of cryptocurrency enthusiasts from all over the world. It was this month that Kaichain was born—to solve, in a very ambitious way, the scalability and speed problems of Solana. Eventually, it led to a new blockchain network based on the already-working technology but with a largely enhanced performance.
The Team and Its Mission
Before getting to the interesting things about Kaichain, let’s first introduce ourselves to the team behind this ambitious project: a diversified team from different parts of the world with experience in managing, finance, AI technologies, blockchain, and engineering.
Everyone involved in the Kaichain team shares the same vision to change the community together, so we will not need further explanations in this area. This team, by the way, has been doxxed to our user safety by a third-party KYC checker.
This is its mission and vision: building the safest, fastest, most reliable blockchain while keeping its carbon footprint at a minimum. Its ambition is large, empowering people by giving full control of their digital identity.
The Perks of Kaichain
Kaichain offers several advantages as a blockchain network. Beyond its fast TPS, here are a few other features that might make it a good fit for everyone’s needs. The subsections below highlight what most struck us when reviewing Kaichain’s whitepaper.
A Solution to Many Problems
There are at least three major problems faced by blockchain networks today: slow network speed, network overload, and high transaction fees.
- The top blockchain networks, like Ethereum and Solana, have TPS speeds of 15 to 50,000 only.
- The adoption of blockchain is rapidly increasing, but the stresses and load on existing networks are being felt.
- Gas fees have skyrocketed due to clogged networks and slow validations.
KaiChain offers a solution to these problems by providing a fast and scalable network that can handle more than 100,000 TPS. It uses an efficient Proof of Authority (POA) system for easy adoption and viability.
In fact, talking about POA, let us spend a few more lines on this concept.
Proof of Authority – The Core of Kaichain’s Competitive Advantage
You cannot understand Kaichain’s unique technological proposal without understanding POA. Think of it as the heart of the competitive advantage for this project. This is not a technical review, so we will list the key takeaways you need to know about this technology:
- Proof-of-Authority is an efficient consensus algorithm in the case of private blockchains.
- It was developed by Gavin Wood, one of the Ethereum founders, and was designed to overcome the disadvantages of other consensus types like POW and POS.
- POA depends on a set of preapproved validators who use software to pool transactions into blocks.
- To become a validator, one must meet the threshold set for strict requirements: being trustworthy, identification, and investment commitment.
- The incentive provided, in effect, to the validators ensures a reliable validation process, enabling better network security.
- POA, compared to other consensus mechanisms, reduces power consumption and makes validation easier without having specials in hardware.
- The generation of new blocks in POA would occur predictably based on the amount of validators, thereby allowing higher transaction rates. This structure is more attack-resistant.
- Kaichain has integrated POA as a core component of its technological infrastructure, providing superior efficiency and security for enterprise blockchain solutions.
And it does not stop here, because Kaichain is also deploying several decentralized applications (or dApps). We’ll tell you more in the next section.
The Project’s dApps
As of December 2024, Kaichain has already deployed two highly innovative dApps as part of its ecosystem. In fact, the project has developed a token creation tool and a multi-sender app, but they do not plan to stop here.
Here is a list of upcoming dApps that will further enhance the Kaichain ecosystem:
- Kai Dex
- Kai Bridge
- Kai Launch
- Kai Audit
- Kai Labs
- MultiSig Wallet
- Kai Games
- Kai Pay
These dApps will not only add value to the Kaichain ecosystem but also contribute towards the overall growth of the blockchain industry.
What Is Next for Kaichain? A Look at the Project’s Roadmap
Now that you know what Kaichain is, the question comes down to what this project will plan for in the future. In this direction, having a look at its roadmap, here are further details regarding future development and milestones this network has planned to make:
- Q4 2021: Development officially started for Kaichain.
- 2022: Testnet testing phase begins to ensure a smooth deployment of the network.
- Q3 2022: The testnet is deployed, allowing users to test and provide feedback on the platform. Meanwhile, Kaichain creates social media accounts and launches a community faucet for testing purposes.
- Q2 2023: Mainnet is officially launched, bringing Kaichain out of its development phase and into full functionality.
- Q4 2023: The first dApp, a multisender, is created and deployed on Kaichain’s network.
- 2024: Kai Games development begins and the development of a token creation tool is done. Kaichain’s testnet and mainnet were also upgraded during this time. Moreover, listing Kaichain’s native token in centralized exchanges (CEX) is on its agenda.
- Q1-Q2 2025: Kaichain continues the development of Kai Dex, Kai Launch, and mini games.
- Q3 2025: More CEX listings will come, and partnerships to expand Kaichain’s reach are created.
- Q4 2025: Kai Labs goes live, opening up more collaborations, marketing efforts, and the development of their first game.
This roadmap shows that Kaichain has a clear vision as to where its future developments are concerned and that it is committed to continuous improvement on its platform.
Bottom Line – A New (and Fast) Way to Imagine Blockchain
Kaichain is a fast and scalable blockchain network that adopts a very solid Proof of Authority consensus mechanism. So far, two dApps have been launched, and developments are scheduled for 2025.
The project is going to list its token on 3 CEXs: P2b2b, LAToken, and XT, and will target other exchanges starting from the beginning of 2025.
Curious about how this blockchain project disrupts the industry? Well, stick around for more updates that are coming. Leaving a few links below this post, one can be taken to Kaichain’s documentation, website, and social media accounts.
Website | Documentation | X (Twitter) | Telegram | Facebook | Discord
The post Kaichain – A Blockchain Designed for the Future of Scalability appeared first on Crypto Adventure.
