Knowchain is a two-layered blockchain platform that powers decentralized Applications (dApps) and real-world transactions by Smart Contracts and Additional Information attached on-chain.
The first layer carries out the worth or value transactions at a very fast rate, while the second layer stands to store additional information or codes of the smart contract. On Knowchain, this additional information comes as Ano Units or Ano contracts.
Why’s Knowchain different?
The two layers of the blockchain will likely be managed by more than 1 consensus algorithms with the idea of creating an Ultranode system to supervise the second layer and to supply extra companies to the community as Info Verification, On the spot Ship, Personal Ship, and many others.
The two layers of the blockchain will likely be managed by more than 1 consensus algorithms with the idea of creating an Ultranode system to supervise the second layer and to supply extra companies to the community as Info Verification, On the spot Ship, Personal Ship, and many others.
There are basically five types of possible transactions on the blockchain. You can transfer Know tokens, create a smart contract (including Ano units), Attach Ano units, Request Service on Ano units, and Vote for Delegates.
Also, there are also 3 special types of transaction on Knowchain: Register as Delegates, Register as Ultranodes and Register as Service Ultranodes.
Apart from the features available for building dApps, and the ability to attach additional info, the second layer allows repeat-users to save and re-use the information they attached to Knowchain previously. That way, regular users who have had transactions in the past do not need to add details for a transaction the second time. This eliminates the need for sidechains such as IFPS and is useful for companies and institutions to store customer data on the blockchain. So come to join us.
Follow the link to join the ICO or get to know more about Knowchain and Knownetwork. https://knownetwork.io/
#blockchain #knowchain #data#bounty #ICO #knownetwork
Follow the link to join the ICO or get to know more about Knowchain and Knownetwork. https://knownetwork.io/
#blockchain #knowchain #data#bounty #ICO #knownetwork
