
Klaytn Foundation Proposes Slashing KLAY Supply by 50%
Besides the deflationary approach to increase the value of KLAY, the protocol also revealed that it is committed to increasing the utility of the digital currency beyond its use as a gas fee.
Besides the deflationary approach to increase the value of KLAY, the protocol also revealed that it is committed to increasing the utility of the digital currency beyond its use as a gas fee.
By identifying the major cause to address per its own flaws with regard to the outage, Kakao Corp has come up with a plan to build its own data center.
The major outage at the Kakao data center has triggered worrisome comments from many, including South Korea’s president Yoon Suk-yeol.
LG has become the latest and the 14th member of the enterprise-grade Hashgraph distributed public ledger. LG Electronics will work with other Hedera members to develop next-generation DLT applications for supply chain partners and consumers.
The agreement between LG CNS and Kakao’s Ground X has been signed at LG CNS headquarters located at LG Science Park in Magok, Seoul.
World’s largest cryptocurrency exchange and global blockchain ecosystem Binance will participate in the Klaytn Governance Council and consensus node operation.
Klaytn, which is a blockchain platform led by South Korea’s Kakao, announced an initial listing on Upbit exchange.
Samsung’s new blockchain and crypto-friendly version of Galaxy Note 10, dubbed KlaytnPhone, is going on sale today, but it will be available in South Korea only, with the price at around $1,000.
Samsung’s Blockchain Keystore which is available on the company’s range of Galaxy S10 phones as well as Note 10, has included support for Bitcoin as well as more than 30 other cryptos. The app also supports more than a few DApps as well.
Recently it has come to light that Samsung has added Bitcoin to its Blockchain Keystore SDK. However, the SDK is still under development.
KakaoTalk, a South Korean instant messaging application, is the newest member of the crypto-community as it is set to launch its native cryptocurrency wallet Klip later this year that will support Klaytn’s cryptocurrency Klay.
South Korean Multinational Company – LG Corporation, recently announced its involvement with blockchain technology. Coming into a business agreement with Ground-X, a subsidiary the South Korean Internet Company – Kakao.
Global entertainment leader Disney is apparently in talks with NXC, which owns the largest video game publisher in South Korea, as well as two major cryptocurrency exchanges: Bitstamp and Korbit.
KakaoTalk wants to leverage blockchain-based crypto transactions providing instant and low-cost payments facility to its 44 million users.
Investment management company Invesco based in the United States has launched the first blockchain exchange-traded fund (ETF) on the London Stock Exchange.