What is Klaytn Network?
Klaytn is a high-performance enterprise blockchain platform developed by Ground X, a blockchain technology company based in South Korea. Klaytn was developed to solve the problems that occur in existing blockchains and provides various tools to make it easier for enterprises to adopt blockchain.
Unlike existing blockchains, Klaytn Network adopts a new consensus algorithm that combines PoA (Proof of Authority) and PoS (Proof of Stake) in its consensus algorithm. This consensus algorithm has the advantage of fast block generation speed and ensures stable transactions.
Klaytn provides various tools to make it easier for enterprises to adopt blockchain technology. Klaytn Basic provides an environment for developing and deploying services based on blockchain. Klaytn SDK provides various APIs and SDKs to make it easy for enterprises to apply blockchain technology, and Klaytn Security Module is a tool to enhance the security of Klaytn.
Klaytn has partnered with various domestic and foreign companies and is playing a significant role in promoting the development of blockchain technology.
Reference links
- Easy and fast blockchain, Klaytn (Blockchain Korea)
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