What Is Aidos Kuneen (ADK)?

What Is Aidos Kuneen (ADK)? Complete Guide Review About Aidos Kuneen.

What Is Aidos Kuneen (ADK)?

The technology stack of Aidos Kuneen enables users to spend their tokens freely without any fear of being tracked or tainted. Even though the design differs from existing heavy and complex blockchain like Bitcoin and other crypto-currencies, Aidos still remains the core principles of openness, decentralization and improved privacy. Aidos will also be ready to be used with and plugged into Internet of Things, enabling participation in an ecosystem of billions of devices. A smart contract language will build upon a set of primitives to resemble a regular contract.

Contract composers can combine multiple contracts to create financial instruments that can be executed in the network. The high-level language will be compiled to an intermediate representation that is executed across the network or parties running execution engines. Using the language, users should be able to specify information related to the contracts including acquisition date, observables (from events), scales, options, limits and how to abandon or terminate a contract.

Aidos Kuneen Storage Key Points

Coin BasicInformation
Coin NameAidos Kuneen
Short NameADK
Circulating Supply25,000,000.00 ADK
Total Supply25,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Quantum Security

Super computers are today’s most powerful computers, with a classic architecture. Quantum computers, on the other hand, have only been theorized so far and some tiny prototypes have been built. When quantum computers are a thing, most current cryptography (and cryptocurrencies) will no longer be secure. For this reason, mathematicians and computer scientists have invented new crypto graphies which will be unbreakable even by quantum computers. Aidos Kuneen already uses a quantum-secure cryptography the Winternitz one-time signature scheme.

Governance

The Aidos Kuneen governance council will be assembled at the time of voting so members of the governance council can change from one voting to another voting. Each member has an equal vote. The governance body will have complete control over the protocol. The control includes the ability to manage exceptional events including protocol upgrades, fixes, setting default thresholds for consensus and other network-related parameters. Token holders will be able to vote for proposed updates and key functionalities to the network.

Aidos Kuneen Smart Contract Building Blocks

The building blocks are provided to Financial Service Providers to easily create more customized smart contracts for end users. Financial Service Providers do not necessarily have excellent coding skills since the provided building blocks resemble pieces of regular contracts. A primitives are defined operations which are permitted in smart contracts.

Aidos Kuneen plan to investigate a set of primitives from existing works which can be used to describe a wide variety of financial contracts. For example, one can start from a no-obligation contract, acquiring currency units, assigning rights and obligations, or specifying conditions when a given contract should be acquired by another party based on given conditions or observable events.

Interface for Event Providers

Event Providers are entities that can generate specific events needed in a smart contract. Examples of event providers can be banks, delivery service providers, and system processes that represent timers. Aidos Kuneen will define APIs for query, update, subscribe and unsubscribe events that smart contracts may need from Event Providers. In the execution engine, a runtime environment is a critical part for success of smart contract execution.

An implementation of Aidos Kuneen reference runtime should be available for any service providers or organizations that would like to join the Evry Net contract network. They will work on the stability and security of the Net runtime while ensuring the auditability and validity of contract execution. They will implement a proof-of-concept of the Net Smart Contract Execution Engine. Initially, Net or verified partners may be the ones to start deploying the first implementation.