Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.64T
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Kaon
KAON

About Kaon

Kaon is a blockchain platform that blends Bitcoin's security with Ethereum's smart contract capabilities via the EVM. Functioning as a Bitcoin sidechain with Bitcoin Core code and Delegated Proof of Stake (dPoS) consensus, it enables users to buy Bitcoin with EVM wallets (like MetaMask) and move it to Bitcoin wallets using specialized code or smart contracts. Its open design promotes transparency, with all transactions publicly verifiable. Kaon's 'Galaxy' cross-chain consensus employs Store Groups, Shamir polynomials, and Threshold Signature Scheme (TSS) for secure cross-chain transfers. Validators are chosen through public voting, ensuring decentralization. The $KAON token powers staking and governance. Kaon also features Mirrored BTC, a Bitcoin twin on its chain, enhancing interoperabili...

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