Klever Coin KLV
About
What is Klever Coin (KLV)?
Klever Coin (KLV) is the native utility token of the Klever Blockchain, designed to enhance user experience and drive the platform's functionality. The Klever Blockchain offers low transaction fees, making it cost-effective for transfers and smart contract executions.
Users can stake KLV to support network security and earn rewards, fostering active participation. Developers utilize KLV to create and deploy decentralized applications (dApps), tokens, and stablecoins, promoting innovation within the ecosystem.
Integrated across various Klever services, including the Klever Wallet and Klever Swap, KLV ensures a unified and efficient user experience. Its multifaceted utility and central role in the Klever ecosystem position KLV as a valuable asset for those engaging with blockchain technology.
How many Klever Coins (KLV) are there in circulation?
Users can always find updated information about the Klever Blockchain transactions on kleverscan.org.
The maximum supply of KLV is 10,000,000,000, while the initial supply started at 8,874,165,276. Currently, the circulating supply stands at 9,318,088,215.638058. As of November 25, the burned value is 95,262,051.270557 and the amount of KLV staked is 14, 3,760,529,766.452856 KLV, with 117243 holders and 49,359,712 transactions recorded. The staking type is Fixed Percentage.
Who are the founders of Klever Blockchain?
Klever Blockchain was founded by a team of seven individuals, each contributing unique expertise to the project's development:
- Dio Ianakiara: Co-founder and CEO, Dio leads Klever's vision and strategic direction. His journey from humble beginnings in São Paulo to becoming a tech entrepreneur underscores his dedication to financial empowerment through blockchain technology.
- Bruno Campos: As Co-founder and CTO, Bruno oversees the technological framework of Klever. With decades of experience in software development and security architecture, he ensures the platform's robustness and innovation.
- David Ianakiara: Co-founder and Director of Quantitative Trading, David contributes his expertise in financial strategies, enhancing Klever's trading mechanisms and financial models.
- Fernando Sobreira: Serving as Director of Blockchain Research and Development, Fernando is instrumental in advancing Klever's blockchain solutions, leveraging his extensive experience in complex blockchain projects.
- João Pedro Cruz Lima: As Vice President and Director of Strategy and Business Development, João plays a pivotal role in expanding Klever's market presence and forging strategic partnerships.
- Vitor Pereira: Product manager and Co Founder, Vitor ensures a seamless and user-friendly interface for Klever's applications, enhancing user engagement and experience.
- Marlon Gomes: Initially serving as Head of Software Architecture, Marlon focused on simplifying complex systems to improve user experience and drive innovation within the platform. In October 2024, the Co Founder transitioned to become the CEO of MoonLabs Studio, a game studio dedicated to blockchain game development.
Where Can You Buy Klever Coin (KLV)?
As of November 25, 2024, you can purchase Klever Coin (KLV) on several cryptocurrency exchanges, including:
Technical Details
How Is the Klever Blockchain Secured?
The platform utilizes a Delegated Proof of Stake (DPoS) consensus mechanism, selecting validators based on their stake to improve transaction speed and reduce latency. Incorporating Practical Byzantine Fault Tolerance (PBFT) alongside DPoS ensures consensus even in the presence of malicious nodes, bolstering fault tolerance and network reliability
The network features masternodes—nodes with significant stakes responsible for transaction validation and block production. These masternodes are incentivized through rewards, playing a crucial role in maintaining network security. Time within the network is divided into slots of 4 seconds and epochs of 6 hours. At the start of each epoch, 21 masternodes are randomly selected as validators, ensuring dynamic participation and enhanced security.
Transaction fees on Klever Blockchain are regulated by on-chain voting, with different rates for various transaction types; for instance, a standard transfer incurs a fee of 0.5 KLV. To become a masternode, an account must stake a minimum of 1.5 million KLV, with 10 million KLV required to be eligible for block production. Masternodes earn rewards from transaction fees and block production, incentivizing active participation and network security.
For developers, Klever offers official Software Development Kits (SDKs) in various programming languages, facilitating seamless integration and development on the platform. Additionally, the Klever Virtual Machine (KVM) enables the execution of native smart contracts, expanding the platform's capabilities and is currently available on the testnet.
More Info
What Makes Klever Blockchain Unique?
Klever Blockchain is a Layer 1 blockchain platform designed to simplify and democratize decentralized technologies, focusing on financial applications and smart contracts. Its user-friendly design allows individuals with minimal technical knowledge to create and deploy decentralized applications (dApps) effectively.
Ease of Use: Klever Blockchain streamlines the creation of smart contracts through built-in mechanisms called "prebuilt smart contracts," allowing developers to deploy dApps, known as Kapps (Klever apps), without coding.
No-code: The platform offers a range of operations that can be performed without any coding, including asset creation, validator creation and configuration, unjailing validators, asset triggers, proposals and voting, Initial Token Offering (ITO) configuration & marketplace creation and configuration.
These features are accessible via KleverScan, the Klever blockchain explorer, enabling users and developers to interact with the blockchain efficiently without requiring advanced programming skills. A comprehensive list of these functionalities is available in the Klever documentation.Low Fees: Transaction costs on Klever Blockchain are minimal, making it attractive for retail users and developers alike.
Scalability: Klever Blockchain can handle high throughput, (3,000 Transactions Per Second - TPS) allowing faster transactions, making the blockchain suitable for a variety of use cases, such as decentralized finance (DeFi), non-fungible tokens (NFTs), stablecoins creation and micropayments.
KLV Token: The Klever ecosystem uses KLV as its native token for transactions, fees, staking, and reward within the Klever ecosystem.
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