-
Bitcoin $108,012.1918
3.50% - Ethereum
$3,370.4526
7.05% - XRP
$3.2989
7.58% - Tether USDt
$0.9987
0.03% - Solana
$259.4544
-10.89% - BNB
$695.8513
1.85% - Dogecoin
$0.3787
4.34% - USDC
$1.0000
0.00% - Cardano
$1.0748
5.38% - TRON
$0.2409
4.93% - Chainlink
$25.4418
13.60% - Avalanche
$38.0840
3.55% - Stellar
$0.4712
4.63% - Sui
$4.7245
0.42% - Hedera
$0.3672
10.78% - Shiba Inu
$0.0000
4.04% - Toncoin
$5.0564
1.45% - OFFICIAL TRUMP
$53.4338
-28.12% - Polkadot
$6.6705
2.90% - Jupiter
$1.0007
-14.01% - Litecoin
$120.7166
4.79% - Bitcoin Cash
$454.2566
3.39% - UNUS SED LEO
$9.6514
1.44% - Uniswap
$14.1572
7.40% - Bitget Token
$7.0797
7.31% - Hyperliquid
$22.1595
2.11% - Pepe
$0.0000
7.42% - NEAR Protocol
$5.3784
7.74% - Ethena USDe
$0.9974
-0.03% - Dai
$0.9996
0.00%
What is the issue volume of KAS coins? One article to introduce the application scenarios of KAS coins
The versatile KAS Coin's utility extends from powering cloud computing and governing the Kadena network to incentivizing stakers, miners, and facilitating in-app transactions.
Oct 01, 2024 at 01:00 am
KAS Coin: Issue Volume and Comprehensive Application Scenarios
Issue Volume
KAS Coin (KAS) has a limited supply of 200 million tokens. The initial issuance of KAS occurred through a series of ICO rounds, where a total of 80 million tokens were sold. The remaining 120 million tokens will be released gradually over time to support the development and operation of the KAS ecosystem.
Application Scenarios
KAS Coin plays a vital role in various applications within the ecosystem. Its primary use cases include:
- Cloud Computing: KAS Coin is used to pay for cloud computing services provided by the Kadena network. Developers can utilize KAS to power their applications, smart contracts, and decentralized applications (dApps) on Kadena's scalable blockchain.
- Transaction Fees: KAS Coin is the native currency for transaction fees on the Kadena blockchain. Users need to hold KAS to initiate transactions, such as transferring funds, staking, or interacting with smart contracts.
- Governance: KAS Coin holders can participate in the governance of the Kadena network through the Kadena Council. By staking KAS, they can vote on proposals related to protocol upgrades, ecosystem development, and future directions of the network.
- Staking Rewards: Holding and staking KAS Coin allows users to earn rewards for participating in the network's security and validation processes. Staking KAS contributes to the overall stability and decentralization of the blockchain.
- Proof-of-Work Rewards: KAS Coin can be mined using the proof-of-work (PoW) consensus mechanism. Miners contribute their computational power to secure the network in exchange for block rewards paid in KAS.
- In-App Transactions: KAS Coin can be used as a payment method within various applications built on the Kadena platform. For example, it can enable purchases of goods and services in decentralized marketplaces or to subscribe to premium features in dApps.
- Cross-Chain Transactions: Kadena is exploring interoperability with other blockchains. KAS Coin may be used in the future to facilitate cross-chain transactions and bridge the gap between different crypto ecosystems.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Melania Trump's crypto coin soared to as high as 76% after Binance announced it will be providing trading support for USDT-base perpetual contracts for MELANIA
- 2025-01-20 19:55:38
- Solaxy: A Layer 2 Solution for Solana’s Scalability and Beyond
- 2025-01-20 19:55:38
- Ethereum (ETH) Faces Pivotal Year in 2025 as New Challenges and Opportunities Emerge
- 2025-01-20 19:55:38
- Stellar (XLM), Solana (SOL), and Lightchain AI (LA) : A Comparative Analysis of Blockchain Innovations
- 2025-01-20 19:55:38
- Rollblock Expands Operations Amid Ethereum and Solana Price Rebound: What's the Winning Formula?
- 2025-01-20 19:50:39
- World Liberty Financial, the Decentralized Finance Project Backed by Donald Trump, Experienced a Significant Spike in Token Sales Recently
- 2025-01-20 19:45:39
Related knowledge
What Is The Difference Between Fungible And Non-Fungible Tokens?
Nov 26,2024 at 01:04pm
Fungible vs. Non-Fungible Tokens: A Comprehensive GuideIn the realm of blockchain technology, the concept of tokens lies at the core of many applications. Tokens represent digital assets that can be used to facilitate transactions, store value, or represent ownership. However, there exists a fundamental distinction between two types of tokens: fungible ...
What is a Public Key Infrastructure?
Nov 23,2024 at 12:30am
What is a Public Key Infrastructure?IntroductionA Public Key Infrastructure (PKI) is a framework that enables secure communication over a network by managing digital certificates and public-key cryptography. PKI plays a crucial role in various blockchain applications, ensuring data integrity, authentication, and non-repudiation.Components of a PKIA PKI ...
What is MEV (Miner Extractable Value)?
Nov 22,2024 at 06:22pm
What is Miner Extractable Value (MEV)?Introduction:Miner Extractable Value (MEV) is a term used to describe the profit that miners can make by manipulating the order of transactions in a block. This manipulation is possible because miners have the ability to choose the order in which transactions are included in a block, and they can use this power to f...
What is a Genesis Block?
Nov 24,2024 at 09:10pm
Decoding the Genesis Block: The Birth of BlockchainIntroductionThe Genesis block stands as the inaugural chapter in the blockchain saga, igniting the spark that revolutionized the world of finance and technology. This foundational block holds immense significance, embodying the inception of immutable ledgers, decentralized networks, and the transformati...
What Is an NFT Game?
Nov 26,2024 at 07:05am
What Is an NFT Game?Non-fungible tokens (NFTs) have taken the digital world by storm, empowering creators, collectors, and enthusiasts alike to own and trade unique digital assets. The integration of NFTs into the gaming industry has given rise to a captivating new realm known as NFT games, where players can not only enjoy immersive experiences but also...
What Is an NFT Marketplace?
Nov 22,2024 at 07:43pm
What Is an NFT Marketplace?An NFT marketplace is a platform that facilitates the buying, selling, and trading of non-fungible tokens (NFTs). NFTs are unique digital assets that represent ownership of a specific item, such as a piece of art, music, video, or other collectible. NFT marketplaces allow users to create, list, and purchase NFTs, with transact...
What Is The Difference Between Fungible And Non-Fungible Tokens?
Nov 26,2024 at 01:04pm
Fungible vs. Non-Fungible Tokens: A Comprehensive GuideIn the realm of blockchain technology, the concept of tokens lies at the core of many applications. Tokens represent digital assets that can be used to facilitate transactions, store value, or represent ownership. However, there exists a fundamental distinction between two types of tokens: fungible ...
What is a Public Key Infrastructure?
Nov 23,2024 at 12:30am
What is a Public Key Infrastructure?IntroductionA Public Key Infrastructure (PKI) is a framework that enables secure communication over a network by managing digital certificates and public-key cryptography. PKI plays a crucial role in various blockchain applications, ensuring data integrity, authentication, and non-repudiation.Components of a PKIA PKI ...
What is MEV (Miner Extractable Value)?
Nov 22,2024 at 06:22pm
What is Miner Extractable Value (MEV)?Introduction:Miner Extractable Value (MEV) is a term used to describe the profit that miners can make by manipulating the order of transactions in a block. This manipulation is possible because miners have the ability to choose the order in which transactions are included in a block, and they can use this power to f...
What is a Genesis Block?
Nov 24,2024 at 09:10pm
Decoding the Genesis Block: The Birth of BlockchainIntroductionThe Genesis block stands as the inaugural chapter in the blockchain saga, igniting the spark that revolutionized the world of finance and technology. This foundational block holds immense significance, embodying the inception of immutable ledgers, decentralized networks, and the transformati...
What Is an NFT Game?
Nov 26,2024 at 07:05am
What Is an NFT Game?Non-fungible tokens (NFTs) have taken the digital world by storm, empowering creators, collectors, and enthusiasts alike to own and trade unique digital assets. The integration of NFTs into the gaming industry has given rise to a captivating new realm known as NFT games, where players can not only enjoy immersive experiences but also...
What Is an NFT Marketplace?
Nov 22,2024 at 07:43pm
What Is an NFT Marketplace?An NFT marketplace is a platform that facilitates the buying, selling, and trading of non-fungible tokens (NFTs). NFTs are unique digital assets that represent ownership of a specific item, such as a piece of art, music, video, or other collectible. NFT marketplaces allow users to create, list, and purchase NFTs, with transact...
See all articles
