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.
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
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