Krona

Krona

Created using Figma
Created using Figma
XKN is a digital asset built for payments. It is the native digital asset on the Krona Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 5 seconds. XKN can be sent directly without needing a central intermediary, making it a convenient peer-to-peer payment network.
Pre Sale
Apr 1, 2021
Apr 30, 2021
100% completed
Raised funds - no Data
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Token Details
Ticker
XKN
Additional Details
Categories
Platform

About Krona

Krona's XKN Ledger is a slightly different take on Satoshi's brilliant Bitcoin white paper, sharing the same principles and ideology as BTC: a decentralized Peer-to-Peer cash system; but running on a state-of-the-art consensus algorithm that allows for near instant transaction settlement time, on-chain governance with an election system, and a mechanism that assures a egalitarian token distribution. The project is should be completely decentralized in its development and on-chain governance, with no ICO fund raising or pre-mined coins.

  • Krona’s XKN Ledger is a state-of-the-art blockchain
  • Unique egalitarian token distribution mechanism through RandomX proof-of-work
  • Unique dBFT (delegated byzantine fault tolerant) consensus algorithm with on-chain governance built-in
  • Near instant transaction settlement
  • Built from the ground up as a global decentralized payment network


The XKN Ledger is a next-gen blockchain because it uses the best of both worlds in regards to consensus algorithm and token distribution strategy in a never-seen-before fashion; combining the instant transactions from the dBFT consensus with the egalitarian and decentralized nature of RandomX proof-of-work for token distribution.



XKN Ledger

  • Delegated Byzantine Fault Tolerant (dBFT 2.0) consensus algorithm
  • 5 seconds transaction settlement time
  • One block finality: transactions are confirmed and irreversible once they’re put into a block
  • Optional transaction fees; adding fee would make it higher priority
  • Transaction scripting with Smart Contracts
  • 21,000,000 Kronas (XKN) maximum supply
  • Kronas (XKN) has 8 decimal places

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