Proof of partnering for big proof of stake #token
▻https://hackernoon.com/proof-of-partnering-for-big-proof-of-stake-token-a1355ae253c3?source=rss
This is a Paid Story.Recent insight into Kik Messenger and the Kin Foundation have brought some upcoming developments to light. The Kin ERC20 token was known to be looking for a new home on-chain due to the latency of transactions and associated costs.In December 2017, CEO Ted Livingston issued a statement summarizing the start-up’s position of moving to a proof of stake chain. Months later, the switch to Stellar as the forerunner in transaction speed seemed like a logical choice at the time. The company later reversed the decision by launching a “hybrid” protocol, operating on Stellar for speed and Ethereum for liquidity. It would seem neither protocol served the needs of the the messaging platform completely, leading to a see-saw of decision making.The Kin foundation has stymied release (...)
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