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HomeCOINSKings Coin (KINGS) Coin Guide & Detailed Review

Kings Coin (KINGS) Coin Guide & Detailed Review

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About Kings Coin

A complete ecosystem, with assets owned by you, all while earning additional $KINGS while you conquer the land. The future is owning the characters that you play with! Multiple NFT rarities and character options available. Immense staking rates and multiple pools are waiting for you. Start multiplying your tokens today. Conceivably, such a blockchain discipline could yield desirable ledger properties without consuming significant real-world resources: no substantial energy expenditure would have to be invested to run the protocol.

Such protocols would naturally replace the assumption of an honest majority of hashing power with the assumption of an honest majority of stake in the system. While the potential virtues of such PoS protocols are substantial, it was argued early on that the design of such schemes could be particularly challenging or perhaps even not feasible.

Kings Coin Basic Points Table

Coin BasicInformation
Coin NameKings Coin
Short NameKINGS
Circulating SupplyN/A
Total Supply200,000,000,000
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

who are the founders of Kings Coin?

IndustryMetallurgy, Minting, Metalworking
Founded1889
FounderThomas Richard Bayliss, George Hagger
Defunct1932

Transaction Fees

In the PeerCoin protocol block generation is based on coin age which is a factor that increases the weight of unspent coins linearly over time; the proof that must be provided together with a new block and must satisfy the following condition. The required number of coins (also called target) is specified by the network through a difficulty adjustment process similar to PoW that ensures an approximate, constant block time.

As in PoW, the block generation process will be rewarded except no transaction fees and a supply model specified by the underlying protocol, which can also be an interest rate by common definition. The initial distribution of the currency is usually obtained through a period of PoW mining. Related work PoS based currency was PeerCoin which is still in a period of PoW mining.

Highest Weight on the Network

With most protocols in the market, an attacker can save up enough coinage to become the node with the highest weight on the network. If the attack were to be malicious the attacker could then fork the blockchain and perform a double-spend. After this is done, however, a second double-spend would require the attacker to save up coinage again, as the stake resets when the block was generated.

It is worth mentioning that this situation is highly improbable and that the incentive is questionable (saving enough coinage to be the highest weight on the network would either take a lot of time or a lot of coins and thus money, to make this happen. Next to that, performing such an attack would probably devalue the system itself so it would not be profitable to do the attack in the long run.) Another problem with coinage is greedy honest nodes.

Why Choose Kings Coin?

A taking out the coinage will require all nodes to be online more to get their stake reward. Saving up coinage is no longer a possibility with the new system that calculates the chance of staking. Taking the Coin Age out of the equation. The most secure way to perform a Proof of Stake system is by having as many nodes online as possible. The more nodes that are staking, the less possibility for security issues like 51% attacks, and the faster the actual network will perform transactions through these nodes.

Note that it is assumed that nodes have an external source of time, and if the internal time of a node deviates too much from the consensus, then there is a high probability that blocks generated by this node will get orphaned. The proposed changes below outline the modifications to the block timestamp rules.

Where Can You Buy Kings Coin (KINGS)?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On Uniswap (V2), As It Has The Highest KINGS/WETH.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include KINGS/WETH And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Kings Coin Market screenshot

Kings Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Kings Coin. Here Is Example Of Wallet Which Kings Coin – Trust Wallet For Hardware Ledger Nano.

Roadmap

Kings Coin Roadmap

FAQ Of Kings Coin

Where I Can Find Kings Coin Whitepaper?

You Can Find Kings Coin Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – Uniswap (V2).

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is N/A.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .
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About Kings Coin A complete ecosystem, with assets owned by you, all while earning additional $KINGS while you conquer the land. The future is owning the characters that you play with! Multiple NFT rarities and character options available. Immense staking rates and multiple pools are...Kings Coin (KINGS) Coin Guide & Detailed Review