As next step in its ecosystem's progress, Klever (KLV) crypto ecosystem launches its L1 blockchain, KleverChain
Klever, a leading cryptocurrency infrastructure ecosystem, has shared the details of its own blockchain's much-anticipated mainnet release.Klever chose Proof-of-Stake as the algorithm for its new blockchain as it is more eco-friendly and resource-efficient compared to Proof-of-Work and its versions. The new platform's bandwidth exceeds 3,000 transactions per second; it can be increased as the platform scales.
Klever co-founder and CEO Dio Ianakiara compared the release of KleverChain to the launch of Bitcoin , a first-ever cryptocurrency and largest blockchain to date: At the same time, all pre-built smart contracts are open source and can be audited by every Web3 enthusiast: there is no need to rely on the expertise of Klever developers.Accompanied by KleverOS SDK, KleverChain will allow newbie developers to leverage ready-made concepts for their applications. This opportunity will make the DeFi development process more streamlined than ever before.
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