Klaytn (KLAY) traded 1.3% lower against the U.S. dollar during the one day period ending at 17:00 PM E.T. on November 24th. One Klaytn coin can currently be bought for about $0.18 or 0.00001079 BTC on cryptocurrency exchanges. Klaytn has a total market cap of $539.52 million and approximately $65.54 million worth of Klaytn was traded on exchanges in the last 24 hours. In the last seven days, Klaytn has traded up 6.2% against the U.S. dollar.
Here’s how other cryptocurrencies have performed in the last 24 hours:
- KILT Protocol (KILT) traded up 4.8% against the dollar and now trades at $0.44 or 0.00002637 BTC.
- Aidi Finance (BSC) (AIDI) traded 4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded 2.1% higher against the dollar and now trades at $0.0454 or 0.00000274 BTC.
- CareCoin (CARES) traded 2.1% higher against the dollar and now trades at $0.0564 or 0.00000340 BTC.
- OmniaVerse (OMNIA) traded 4.7% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
- 2G Carbon Coin (2GCC) traded 0.8% higher against the dollar and now trades at $1,412.50 or 0.08533543 BTC.
- Kitty Inu (KITTY) traded up 2.1% against the dollar and now trades at $79.83 or 0.00482297 BTC.
- Lunar (LNR) traded up 4.3% against the dollar and now trades at $0.0609 or 0.00000368 BTC.
- Hokkaidu Inu (HOKK) traded 14% lower against the dollar and now trades at $0.0004 or 0.00000002 BTC.
- QANplatform (QANX) traded up 2.1% against the dollar and now trades at $4,897.98 or 0.29590876 BTC.
Klaytn Coin Profile
Klaytn launched on June 24th, 2019. Klaytn’s total supply is 10,956,068,677 coins and its circulating supply is 3,020,660,412 coins. Klaytn’s official Twitter account is @klaytn_official and its Facebook page is accessible here. The official message board for Klaytn is medium.com/klaytn. Klaytn’s official website is www.klaytn.foundation. The Reddit community for Klaytn is https://reddit.com/r/klaytn and the currency’s Github account can be viewed here.
According to CryptoCompare, “Kakao’s global public blockchain project Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions. It combines features of both public blockchains (decentralized data & control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design. Klaytn is secured by participation from numerous reputable brands around the globe, working together to create a reliable business platform atop a robust system of decentralized trust. Klaytn enables businesses and entrepreneurs today to capture value using blockchain technology. Klaytn was designed by GroundX.To simplify building for the metaverse, Klaytn offers an end-to-end metaverse package that includes customized L2 solutions, SDKs and smart contract libraries, IPFS solutions, wallets, chain explorers, oracles and bridges, as well as an ecosystem of supporting services such as stablecoin integration, NFT marketplaces, tradfi interfaces, and more.Klaytn utilizes an optimized version of Istanbul BFT that enables transactions to achieve absolute finality within a second, allowing for responsive user experiences and enabling use cases where near-instant and irreversible finality is necessary—such as the real-time minting of in-game item drops.Proof-of-Work and Proof-of-Stake blockchains exhibit probabilistic finality, which means there is a tiny chance that a transaction recorded on the chain can get reversed. This makes these blockchains unsuitable for mission-critical applications, especially if used at scale. Klaytn’s IBFT consensus algorithm guarantees that data recorded on the blockchain is correct and will never be reversed, in order to deliver the reliability and data consistency needed for large-scale applications.Klaytn supports EVM as one of the emerging standards for the metaverse and Web3, and will be adopting the EVM specification by: * Making Klaytn’s technical stack equivalent to the Ethereum stack from an interfacing and execution perspective * Building on top of existing Ethereum clients and interfacing libraries to inherit any improvements made to their open-source codebases * Enabling Ethereum Improvement Proposals (EIPs) and Klaytn Improvement Proposals (KIPs) to contribute to both ecosystems.At the core of Klaytn’s unique take on decentralization is their Governance Council (GC). Comprising leading global enterprises and DAOs across geographies and industries, these GC members form a compact validator network that is able to deliver the benefits of a decentralized public blockchain while maintaining the performance of a permissioned blockchain. Moving forward, Klaytn aims to further increase decentralization by onboarding more DAOs to their GC to create a “DAO of DAOs”.Klaytn utilizes the hub-and-spoke model that is widely acknowledged as one of the leading scalability solutions. Klaytn’s spokes, or service chains, can be customized for specific DApp requirements such as high throughput, special node configurations, or custom security levels. In addition, support for nested service chains will provide the exponential scalability needed for metaverse-scale adoption.”
Buying and Selling Klaytn
It is usually not possible to purchase alternative cryptocurrencies such as Klaytn directly using U.S. dollars. Investors seeking to trade Klaytn should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Klaytn using one of the aforementioned exchanges.
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