The Vietnamese KardiaChain blockchain startup will launch its mainnet tomorrow as it promises to deliver the first fully interoperable blockchain platform as we read more today in the latest Blockchain news.
The Vietnamese KardiaChain which has secured five-big blockchain validators like LG CNS that is actually a subsidiary of the electronics giant LG will upgrade its testnet to mainet 1.0 boasting a unique and non-invasive interoperability feature. This allows different blockchain networks regardless of the protocols are able to connect to KardiaChain without any technical alterations or reconstructions preserving the blockchain sovereignty while reducing costs and time for the blockchain to become capable of cross-chain communication.
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— KardiaChain (@KardiaChain) December 7, 2020
This feature differs from other interoperable focused blockchains like Cosmos and Polkadot which require protocols to adhere to the strict set of rules in order to join the interoperable network and to communicate with other blockchains. With the main focus being on Vietnam and Southeast Asia since the inception in 2018, KardiaChain built an impressive suite of products like the cross-chain DEX as a mobile app KAI membership with KaiStarted, to provide flexible earnings for the holders via traditional business investments.
— KardiaChain (@KardiaChain) December 28, 2020
TriPham CEO and co-founder KardiaChain said that switching to the mainnet was the culmination of years of hard work by the team and added that he was happy about developing on top of the KardiaChain:
“Mainnet launch is a vital milestone of any blockchain. Today, we witness the birth of the first interoperability blockchain ever launched in Vietnam and the local region. After years of hard work and pulling all-nighters, we are proud to lay the foundation for blockchain mass adoption in our home country.”
The mainnet is an upgrade from the Fengari 3.0 testnet and has the capacity to handle 6000 transactions per second which are 10,000 times cheaper to use than ETH. The new upgrade includes Dual master nods which provide simultaneous access to the ledger data of the platform and another blockchain of choice. Together with the consensus run among them, they can carry the data between blockchains while still preserving the cryptographic proof. Also, it includes the Elastic Shading with incentive mechanism and smart contract markup language. Tri continued:
“We offer businesses the opportunity to adopt blockchain faster and easier. Building on KardiaChain is future-proof as their applications are always connected to the whole blockchain ecosystem. For local players in Vietnam, it is so convenient and beneficial when integrating blockchain into their existing products and services because millions of people will be on blockchain in 2021.”
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