"The master is like a cloud, I will not move", ——— analysis of how the rookie K chain in the industry can fight out of the red sea of the public chain and occupy a place?

In the public chain race of the blockchain, the competition has always been extremely fierce. Thinking back, from the so-called “first year of the public chain” in 2018 to the present, the market has witnessed the birth of hundreds of public chains. Some public chains have developed rapidly and have strong capabilities, forming a relatively stable market pattern, such as Ethereum, BNB Chain, Solana, etc., which are typical representatives. However, some public chains have been unable to withstand the fierce industry competition and the complex situation, and have ultimately been eliminated, becoming a fleeting dream.

The two main themes of public chain development are intense competition and diversified development.

In addition to fierce competition, ‘diversified development’ is another main theme of the current development of public chains. According to authoritative data statistics, by 2023, the Market Cap of the public chain field reached $1.3 trillion, showing a strong rising trend in the market. Among them, mainstream public chains such as Solana, Avalanche, ICP, BTC, and Cardano are still in a leading position with significant rise in Market Cap, all of which have increased by over 100%. In terms of Total Value Locked (TVL), Ethereum still occupies a dominant position, but its market share is being challenged by other public chains. In other words, the competition in the public chain track has always been fierce, and it has always been in a red ocean state of chasing each other.

But from another perspective, the huge commercial potential and market value of public chains are also obvious. The development logic of public chains lies in the prosperity of Decentralized Finance, Non-fungible Token, GameFi, and the demand for solutions to the scalability issues of the Ethereum network. In other words, as long as a public chain masters the correct development logic, provides better performance, and more cost-effective advantages, it can stand out from the competition in the industry no matter how fierce it is.

And the unique advantage of K-chain’s public chain ecology has become its core competitiveness that is not afraid of competition and can break through the siege.

Why is K chain able to break through the encirclement and establish itself in the public chain red ocean?

First of all, K Chain has a strong team of talents, which is the guarantee for its continuous improvement and advancement in the future. The technical team of K Chain is composed of top experts in the fields of blockchain, artificial intelligence, big data, cloud computing, etc. The members have worked for technology giants such as Google, Amazon, Microsoft, etc., and have rich industry experience and excellent technical strength. The team is not only proficient in the underlying technology of blockchain, but also has deep professional knowledge in areas such as smart contracts, encryption algorithms, and network security. The entire team works together to combine innovative technology with practical applications, and strives to make K Chain a leading high-performance public chain platform in the world.

In addition, LinkSay, a representative application of K Chain, has a unique attribute, which is Mining RigNode support. In other words, in K Chain and LinkSay, Mining Rig is Node, which are Storage Node, Conference Node, Live Streaming Node, Communication Node, Channel Node, Forwarding Node, Front-end Node, Block Node, and Cross-Chain Interaction Node. Each Node has its own responsibilities and plays an important role. The information transmission of LinkSay is carried out through Nodes, and each Mining Rig is also capable of mining K Coins. This setting effectively implements the decentralized information transmission method, and provides maximum security and privacy protection for user information.

More importantly, the native token K coin of K chain has great potential for appreciation. The total circulation of K coin is 21 million, and its production process is very strict: one Block is produced every 3 seconds, 0.4 K coins are produced for each Block, there is no private sale, no public sale, and no airdrop during the production process. It is worth mentioning that when every 1 million K coins are produced, the output will Halving.

Halving occurs every time 1 million coins are mined, giving K-coin a first-mover advantage; According to calculations, it would take 128 years to produce 10 million K-coins, indicating that its Circulating Supply is not high; Although the Circulating Supply is not high, the K-chain has a rich variety of application scenarios, whether it is Conference Nodes, Live Nodes, Cross-Chain Interaction Nodes, or Block Nodes, all require staking K-coins to continue producing K-coins, which means that the market Circulating Supply of K-coins will continue to decrease. These factors are enough to ensure the scarcity of K-coin.

Combining the characteristics of the four major public chains and possessing a secure, efficient, and open social ecosystem, K-Chain is expected to become the fifth major public chain.

K Chain is very confident in its development prospects and industry position in the public chain track.

Because K-chain is a distributed storage communication public chain, it is capable of building a high-performance public chain for the next generation of Decentralization social economy. K-chain can well integrate POSAMiningCross-Chain Interaction interoperability with Decentralization transactions, dedicated to achieving a secure, efficient, and open social ecosystem. K-chain is an independent Block chain-based solution for social facilities, which allows it to find its own position and living space outside the four major public chains of BTC, ETH, BSC, and FIL.

What’s even more exciting is that K-Chain itself combines the characteristics of the four major public chains: BTC, ETH, BSC, and FIL. It adopts the POSA Mining model; it is compatible with the Ethereum Mainnet; and it can perform distributed payments. This means that K-Chain not only has a solid foothold in the competitive world of public chains, but also has the potential to become the fifth major public chain on par with the four major ones.

The reason for such confidence is that since the birth of K Chain, it has always focused on three aspects: security, stability, and privacy protection. The advantage of K Chain lies in its innovative technical architecture and high emphasis on user privacy. In blockchain technology, security and privacy protection are one of the most important concerns for users, and the advanced encryption technology and distributed architecture adopted by K Chain ensure the security and immutability of data. At the same time, K Chain also focuses on performance and scalability to support more application scenarios and user needs.

More than half of 2024 has passed, and Cryptocurrency has been advancing in a tumultuous market. In addition to BTC becoming the focus of Cryptocurrency narrative, the Dencun upgrade of ETH’s Ethereum, the promotion of Decentralization, and the advancement of artificial intelligence will all attract a lot of attention.

With many challenges come many opportunities. In such an environment, K-Chain is likely to break through from the relatively fixed market. In order to achieve this goal, K-Chain focuses on research and development, continuously innovates in technology, ecological construction, community development, partnership relationships, and persistently provides unique value propositions and excellent user experiences for its users.

The public chain field is undergoing a transformation driven by technological innovation and application demand. This transformation not only lays a foundation for the technological progress and market dynamics of various blockchain platforms, but also brings new rise opportunities to the entire cryptocurrency market. In such an opportunity, K Chain will undoubtedly make a breakthrough in the public chain red ocean and become a new leader in the blockchain field. With the continuous development of blockchain technology and the expansion of application scenarios, the future of K Chain is full of unlimited possibilities.