KOY 2.0 Mainnet is Up and Running

KOY 2.0 Mainnet is Up and Running

By CryptoCiti | CryptoCiti | 24 Mar 2024


KOY Network has achieved a new milestone which is becoming Africa's first Decentralization-as-a-Service provider.  The network's team also recently announced the launch of the KOY 2.0 mainnet this month. 

All Antelope Access account owners will the use of their original keys can access their accounts as well as see their token amounts by checking the KOY 2.0 Explorer. If they loose their keys, then the account is gone.

One of the goals of the KOY Network 7s to reduce friction in the current African financial payment system while allowing for free flow of transactions to take place.

The KOY 2.0 Blockchain comes with a new blockchain infrastructure, Opportunity for Independent Block Producers, KOY Jumuiya DAO Role expansion, Organisational Reorganisation, Account Ownership and Control and Account Restoration on the new blockchain. 

As a Decentralization-as-a-Service (DaaS) provider, Business owners in Africa and Globally will now be able to build or deploy their dApps on the KOY blockchain and also make use of the DaaS feature. This will aid in community management and digital governance as community members will be the ones to decide on the activities that take place in the community. 

On the KOY 2.0, the people who will be in charge of managing the blockchain will be Independent Block Producers, Node Operators and Entities nominated by the community members. 

KOY Jumuiya DAO is the Decentralized Autonomous Organization that houses all KOY Network supporters. As a supporter or enthusiast, you can join the KOY Jumuiya DAO Telegram.

 

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CryptoCiti
CryptoCiti

Blockchain Enthusiast & Digital Marketer


CryptoCiti
CryptoCiti

Blockchain and Cryptocurrency News

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