Kucoin Comunity KCC blockchain

Kucoin Comunity KCC blockchain


hey mates!

Today let's talk about kucoin, but not the exchange. We are going to talk about the Kucoin Comunity KCC:

"KCC is a decentralized global network with devs and community members from all around the world. Join us now to get the latest news and announcements."

 

kcc

What is KCC?

It's a new blockchain.

How is working?

As they say:

KuCoin Token (KCS KEP-20) is the only fuel and native token for KCC blockchain and can be used to pay gas fee.

so what it means is you can trade with the KCS KEP-20 mainly to buy any KEP-20 token on the KCC blockchain.

do you remember the difference between token y cryptocurrency?

Here is a clear example, KCS KEP-20 is a cryptocurrency because it's the fuel of the blockchain and it's a token at the same time , but MJT KEP-20 is only a token because it runs on an dapp.

Features & Advantages

KCC will have the following characteristics:

  • Fully compatible with Ethereum and ERC-20 smart contracts, with extremely low migration costs;
  • KCS (KEP-20) will serve as the only core fuel and native token for KCC and can be used in scenarios such as gas fee payment;
  • A block every 3 seconds results in faster transaction confirmation and higher chain performance;
  • Proof of Staked Authority (PoSA) consensus algorithm, high efficiency, security and stability.

Super cool!... another good alternative to the Ethereum blockchain.

The idea behind

the idea is you can move all your tokens ERC-20 from Ethereum, Binance or Polygon Matic to the KCC blockchain. To do that you can use the main blockchain bridges:

kcc

 

kccpad

Setup your wallet!

Use metamask to add a new network with this data:

  • Network Name:KCC-MAINNET
  • New RPC URL:https://rpc-mainnet.kcc.network
  • Chain ID: 321
  • Currency Symbol (optional):KCS
  • Block Explorer URL (optional):https://explorer.kcc.io/en

kcc

 

Conclusions

We are at the beginning of a new exciting project, a new rich ecosystem with new projects are coming.

Remember, DYOR 'do your own research' before invest. I hope this post was helpful for you!

Regards

 

Related links
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Personal projects:

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