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