King DAG price is $0.13859900
King DAG (KDAG) is currently priced at $ 0.13859900. Please note that the price of cryptocurrencies can be highly volatile, and the value may have increased in the last 24 hours.
King DAG is a next-generation blockchain infrastructure aiming to establish a novel foundation for value networks. It's committed to crafting a cutting-edge trusted network protocol and offering an effective, convenient, and secure environment for development and deployment to a worldwide clientele.
Unlike traditional blockchain systems, King DAG utilizes a unique KDAG architecture that stands as a departure from conventional directed acyclic graph (DAG) solutions. This proprietary framework is engineered to organize blocks efficiently and boasts an impressive transaction processing speed (TPS) that can exceed 30,000 transactions per second, surmounting the consensus mechanism's performance limits commonly seen in other systems.
King DAG's architecture stands out for its innovative approaches such as the "hug algorithm." This algorithm forgoes the typical consensus model found in other blockchain networks and aims to resolve issues around data consistency. Another notable feature is the "surf effect," which significantly heightens the randomness in the legal referencing of nodes. This is a measure designed to enhance transaction privacy and ensure higher security standards within the King DAG network.
One of the most significant achievements of King DAG is its ability to handle more than 30,000 transactions per second, a feat that lifts the performance limitations imposed by the traditional consensus mechanisms. High throughput is crucial for ensuring that the network can accommodate a large volume of transactions without lagging, which is essential in a globalized and digital economy.
The network's security is reinforced by the "surf effect," which introduces a greater degree of unpredictability in how nodes reference each other legally. This reduces the chances of malicious attacks and enhances the overall robustness of the network against various security threats, ensuring the privacy and integrity of transactions.
The "hug algorithm" marks a significant departure from the blockchain consensus paradigms such as Proof of Work (PoW) or Proof of Stake (PoS). Instead of employing a competitive or a randomly selected validation process, the hug algorithm operates by solving data consistency challenges, possibly through a harmonized validation method that negates the need for extensive consensus-related computations or elaborate stake-based confirmations.
King DAG is devised to serve a broad spectrum of customers across the globe by providing a blockchain infrastructure that allows for high-speed transactions and uncompromising security. The network offers a powerful and stable development environment that is conducive to both deploying new decentralized applications and hosting existing ones that demand elevated performance and reliability.
The current circulating supply of King DAG (KDAG) is units. The total supply is designed to eventually reach 1000.0M, capping the number of KDAG that will ever be in existence.
King DAG (KDAG) can be purchased on various cryptocurrency exchanges. You can refer to the list of for the platforms where KDAG is currently traded.
Keeping your King DAG (KDAG) safe involves practicing secure cryptocurrency storage habits. It's recommended to use reliable hardware wallets for storing large amounts of KDAG or other secure digital wallets with robust security features for everyday use. Always ensure your wallet's private keys are backed up and never shared with anyone to maintain the utmost security of your assets.
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