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Karura(KAR)

Karura blockchain is a new type of distributed ledger technology that is designed to provide a more secure, efficient, and cost-effective platform for businesses and organizations to transact and create digital assets. It is a revolutionary blockchain platform that has the potential to revolutionize the way businesses interact, transact, and store data.

At its core, Karura blockchain is a decentralized, open-source, public blockchain, meaning that anyone can participate in its network and take part in its activities and transactions. Like other blockchains, Karura blockchain is powered by a consensus protocol, in this case, a Byzantine Fault Tolerance consensus protocol. This allows Karura blockchain to be extremely secure, reliable, and trustworthy, as the network participants all agree on the same transactions and blocks.

The Karura blockchain is also built on a unique architecture, which enables it to support various features and functions that are not available on other blockchains. For example, Karura blockchain is equipped with a novel data storage structure, which allows it to store large amounts of data securely and efficiently. This data storage structure is also scalable, meaning that it can easily accommodate more data as it is needed.

Founder: Bett Chen, Bryan Chen, Ruitao Su & Fuyao Jiang

Launched On: 2021-06-22

Protocol
Layer

Layer 0

Programming
Language

Rust, Javascript

Consensus
Mechanism

Proof of Authority

Current
Price

$0.249

Market
Cap

$26,192,337.026

Circulating
Supply

105,249,997 KAR