KCC

Launched in June 16, 2021, KCC is a decentralized public chain with high performance built by the developer fans of KuCoin and KCS.

Our purpose is to solve problems such as low performance and high cost of the public chain and provide community users with a faster, more convenient, and less-costly experience.

KCC is EVM compatible. Deploy and run your dApps on KCC with your favorite tooling for Ethereum.

The average block time of KCC is 3 seconds. A typical transaction can be included in a block in less than 6 seconds. The block is finalized if more than half of all validators add their blocks after it.

The rewards in the KCC network are highly configurable. To better incentivize the healthy development of the KCC ecosystem, the Foundations provides incentive support to participants in the KCC network through subsidies. The transaction fees and the Foundations' eco-incentive are equally distributed to each vote (one KCS equals one vote). The rewards in the KCC network are highly configurable.

KCC is dedicated to building a decentralized network that is high-performing, low-cost, and low-consumption by using the Proof of Staked Authority (PoSA) consensus protocol. Those 29 validators who have received the most votes in the network will become active validators responsible for mining and validating the blocks.

Eco-participants (validators and voters) will be rewarded with transaction fees for each block and eco-incentives provided by the Foundations. To ensure network security, KCC also introduced a penalty mechanism to deal with dishonest and unstable verifiers and possible attacks.