Classification Description
Name Kyber. Network
Abbreviation KNC
Genesis 2017-08-01 (2017/09/15)
Developer Loi Luu (Doctor. Former Ethereum Foundation researcher)
Total issue limit 250 million (Total supply 210Mil. Curent circulation 134 Mil.
ICO hardcap 200,000 ETH
Type ERC-20
Issuing (mining) method
Block size
Exchange Huobi, Bithumb, binance, Okex and so on
Block creation time
Characteristic "▶ Kaiber is made up of three modules: ""Kaiber Network"", ""Kaiber Wallet"" and ""Kaiber
Reserve""
▶ ""Kaiser Reserve"" is a concept of coin's liquidity manager (with different coins to find
the optimal exchange rate for trades or to buy or buy token quantities to maintain a
certain percentage)
▶ Since reserves manage flow, there is no need to wait for time to sell and buy
▶ It is possible to trade immediately after 1 hour like Bitscoin and Etherium.
▶ De-centralized exchange
(P2P transaction format that enables transactions directly from wallet without
exchanges)
▶ To be able to trade immediately by coins by designated exchange rate
▶ Paying commission to KNC when trading
▶ KNC paid as a fee provides incentives to Kaiber Network participants
Avoid theft / loss by handling transaction requests immediately and not having user
tokens.
▶ Etherium founder Vitalic Vaterin as adviser"
