Tag: Bitkub

Powered by the native Bitkub coin (KUB), Bitkub Chain is a collaborative blockchain development network with Ethereum smart contract support. Also, the platform uses the Proof-of-Authority (PoA) consensus mechanism in conjunction with the native KUB coin to secure the network. However, in the future, we can expect the project to transition to a Proof of Staked Authority (PoSA) consensus model before finally moving to a Proof-of-Stake (PoS) model. Furthermore, the broader Bitkub Chain ecosystem is home to a wealth of decentralized applications (dApps), tools, and services, including the Bitkub Exchange and the Bitkub NEXT crypto wallet.