Kaichain – The Green Blockchain that Goes Against the Norm to Revolutionize Web3
Kaichain is steadily developing into one of the fastest, safest, greenest, and most scalable blockchains to date. Its innovative permissioned blockchain solution shows that decentralized ledgers can function and thrive even when following a developing path different from the most well-known blockchains to date.
Spurred by the massive congestion issues affecting the Solana network in late 2021, Kaichain has grown substantially and shows incredible potential. Its mission to make programmability and interoperability adaptable to the masses is more alive than ever.
Now, Kaichain is on the brink of reaching some of the most important milestones on its ambitious roadmap. The team is preparing for an eventful 2024 yearend with an IEO on 3 exchanges (P2b2b, LAToken, and XT). Moreover, the project will list its $KEC token on up to 3 top exchanges in the Q1 of 2025.
In this Kaichain review, we examine this revolutionary blockchain before it enters a new and exciting development era. Read on to discover more about Kaichain's features, potential, and in-house dApps.
How Kaichain Aims to Revolutionize Blockchain Technology
Many innovations are born from confronting seemingly unsolvable problems. This is the case for Kaichain, a project that saw blockchain technology steering away from its initial purpose.
From its early days, blockchain promised to democratize access to a digital network with limitless potential for developers, project creators, and regular users. Unfortunately, an increasing focus on profit, countless scams, and faulty projects have led to slow, over-clogged networks with hyper-expensive gas fees.
An example of this toxic trajectory occurred on the Solana blockchain in 2021. Despite its advanced structure, the network halted operations for several hours four times between September and December. The explanation was that the network's scalability issues prevented a high volume of transactions from gaining validation. On top of that, Solana network suffered from DDOS (denial-of-service) attack. As a result, the network became clogged, and gas fees reached historic highs.
The example above is only one of the many times blockchain networks failed to deliver. The unsurprising result is an increasing lack of trust in blockchain technology from developers and investors. Basically, those who could help blockchain reach its true potential are sitting on the sidelines, waiting for a better alternative to the already established blockchain projects.
Kaichain was born from the lessons that the developers drew from Solana’s 2021 clogging and other similar cases. According to them, only 5% of the world population engages with blockchain technology or owns cryptocurrencies. So, why can blockchain networks not sustain multiple, fast, cheap transactions even at peak times?
The experienced team behind Kaichain believes there’s no reason why that shouldn’t be possible. So, they set out to create a blockchain that will help de-clog the entire network. Moreover, it will support safe, lightning-fast transactions for low gas fees through unprecedented scalability and security standards. Above all, thanks to its environmentally friendly approach, it will do so with next to no carbon footprint.
Why Kaichain Stands Out from Other Blockchains
Kaichain chose to walk a different path than other blockchains from Day 1. The project goes against the norm, showing that the best practice is not always common practice. And so far, it hasn’t been wrong.
Here’s how Kaichain breaks the mold of blockchain development.
Deployment before funding
Most blockchain projects spend considerable time and resources in the pre-deployment stage, focusing almost solely on attracting funding. Their teams knock on the doors of big investors, asking for venture capital even before creating the blockchain. That practice is not necessarily bad, especially if it rakes in substantial funds. However, according to the Kaichain team, it is not fair for the retailers.
Retailers are the essential users of a reliable blockchain network. When the project eventually launches, it becomes the liquidity of big investors. Unfortunately, as many blockchain scams have proved in the past, retailers have become the first victims of pump-and-dump projects.
Kaichain did exactly the opposite of what most big blockchains generally do. The team chose to build and deploy a fully working blockchain without any funding support from big investors. This way, it offers equal opportunities to retailers and big investors. Moreover, Kaichain does not allow big investments as a guarantee against any dumping risks once it launches.
Another important aspect of Kaichain’s launch is that the project will start with a small market cap. In fact, the initial market cap will depend on the IEO sales and will most probably be below $5 million. This strategy ensures there will be plenty of growth room for potential returns.
High speed and low gas fees
Kaichain aims to be one of the fastest blockchains in the Web3 landscape while keeping transaction costs at a minimum. The network will support up to 100,000 transactions per second (TPS). This impressive TPS is a remarkable feat, considering that Ethereum, one of the most used blockchains, supports only 15 TPS. Also, one of Ethereum’s main competitors, Solana, supports around 65,000 TPS, nearly half of Kaichain’s power.
Kaichain mentions one of the projects using its network to showcase the blockchain’s TPS prowess. Getfit, an NFT miner that mines coins/tokens, is deployed on Kaichain, BSC, and Avalanche. Its users pay about $30 on BSC and $60 on Avalanche in monthly gas fees. On the other hand, Kaichain users cannot even exhaust 0.25KEC on gas fees in one year.
Proof of Authority (PoA)
Kaichain's impressive speed relies on the blockchain's Proof-of-Authority consensus algorithm. This mechanism prioritizes efficiency and enables machines to generate new blocks by passing a strict vetting process. Its success depends on trustworthy, pre-approved participants who check blocks and validate transactions.
Pre-approved validators use software to organize transactions into blocks. Since the process is automated, the validators don't need to monitor anything. Kaichain has a built-in ABMT (Active Blockchain Monitoring Tool) that checks all the nodes 24/7, 365 days a year to ensure all nodes are working properly.
Participants become pre-approved validators after passing a highly rigorous selection process. They must be trustworthy, have good moral standards, and have no criminal record. Also, they undergo doxxing. Therefore, they put their identity and reputation on the line. Lastly, they should be willing to invest money and commit to this practice for the long term.
PoA Benefits
By employing the POA consensus mechanism, Kaichain becomes a permissioned blockchain. This aspect differentiates it from most decentralized ledgers, which are generally permissionless. However, sticking out of the crowd comes with numerous benefits.
POA requires less computational resources and power than consensus algorithms, such as Proof-of-Work (PoW) or Proof-of-Stake (PoS). This advantage makes validation easier while reducing the strain on the environment.
The PoA algorithm does not require puzzle-solving to guarantee the ongoing connection between nodes. The algorithm also doesn’t require scanning of stakes and doesn’t undergo a selection process. This makes the Kaichain blockchain speed so much faster than other blockchains.
PoA authorizes faster transaction validations, helping the blockchain support higher transaction rates than networks operating under PoS or PoW algorithms.
Lastly, Kaichain provides more security than a PoS or PoW network, where a user can compromise the network if they get 51% of the stakes. On a PoA network, users cannot shut down operations simply by controlling 51% of the processing power. On top of that, unlike Solana, Kaichain blockchain will never experience a DDOS (denial-of-service) attack.
High-End Security
Kaichain will employ maximum security protocols to ensure the safety and privacy of its users remain untouched. The network supports flawless, inflation-proof transactions. Users have complete control over their transactions, especially since the network does not feature middlemen or centralized institutions.
A Sustainable Business Model
Kaichain bases its operation on four solid pillars for long-term, sustainable income:
Network Fees – The project earns from every transaction on the blockchain, including its dApps.
Utility Fees – Additional income generated by the DEX, p2p transactions, and Kai Pay.
Startups – The project earns from every blockchain startup deployed on the Kaichain
Blockchain-Based Products – Revenue from in-house blockchain apps.
Furthermore, the team devised a plan for the funds that the project will collect from initial sales. The resulting capital will be allocated to 4 major areas of the business:
30% will go toward the development of the Kaichain ecosystem
30% will be allocated toward marketing efforts aiming to increase Kaichain’s user base
30% will go to grants for developers, project owners, or startups running on chain via Kai Labs.
10% will be stored as Reserve for the other 3 funds.
More than just a blockchain
Kaichain is building several dApps and games to evolve into more than just another blockchain network. Its goal is to become an all-encompassing ecosystem supporting in-house products and projects or applications deployed by other developers.
Each dApp developed by Kaichain will have its corresponding tokens. The project will airdrop $KEC holders as part of the token supply for each dApp. Therefore, holding $KEC comes with more perks for active Kaichain users.
The in-house Kaichain dApps include:
KaiDEX
KaiBridge
Smart Payment System
KaiLaunch
KaiAudit
Kai Labs
Multi-Sender
Kai Games
From this extensive list, we can tell that Kaichain will cast a wide net and include as many Web3 applications as it can deliver. The team is actively working to expand these tools into standout services for anyone joining Kaichain. In fact, the multi-sender and a token creation tool have already been deployed on the chain.
The $KEC Coin
KEC is the native coin of the Kaichain network, similar to BNB and ETH of the Binance Smart Chain and Ethereum networks respectively. KEC is the medium of transaction across the Kaichain’s network.
Kaichain supports other projects that wish to migrate their tokens to Kaichain. This way, they can take advantage of fast and secure transactions with more liquidity options and native marketplace features.
The Kaichain team has fixed the total KEC token supply to 1 billion coins. Moreover, it has already pre-minted all the coins. The project will never produce any more KEC coins. Also, the gradual coin release schedule sets a 90-year timeline for releasing the entire KEC supply. The last KEC will be released on January 1st, 2125.
Other details regarding the $KEC distribution include:
1 Million coins will be burned every 3 months starting in 2025 to drive the value up as scarcity increases.
12 Million coins will be unlocked every year, building the circulating KEC supply.
50% of the released coins will be earned by validators
10% of the released coins will be distributed to the team
40% of the released coins will be distributed to Kai Labs, marketing efforts, and partnerships
Kaichain’s Roadmap
The early development of Kaichain began in Q4 of 2021. The project spent most of the following year testing the network's testnet, which it eventually deployed in Q4 of 2022. At the same time, the team launched the project's social media channels and conducted a Faucet community test.
KaiChain deployed the mainnet and upgraded its explorer during the second financial quarter of 2023. Towards the end of that year, Kaichain deployed the chain's first in-house dApp, Multi-Sender.
In 2024, Kaichain deployed another in-house application, Kai Games, a token creation tool. The team also upgraded the network’s explorer and approached CEX to list the $KEC token.
As we mentioned earlier, Kaichain has ambitious plans for 2025, including the deployment of several in-house applications on the chain. Moreover, the team announced an IEO on 3 exchanges (P2b2b, LAToken, and XT) and listed the $KEC token on up to 3 top exchanges already in Q1 of 2025. Extensive collaborations and partnerships should boost Kaichain's visibility and reputation in the industry and organically enhance its community.
The Bottom Line – How Big Can Kaichain Grow?
Kaichain aims to prove you can build fast, cheap, secure, and scalable networks without following the blueprints of other blockchains. The team developed Kaichain to be in a league of its own and not compete with other blockchains.
Ultimately, Kaichain's objective is to provide an efficient, low-cost, and accessible alternative for other project developers or owners. Its presence and uniqueness enrich the industry's collection of blockchains, accelerating the mass adoption of blockchain technology.
You can learn more about Kaichain and follow its developments at the following links:
Website: https://kaichain.net/
X (Twitter): https://x.com/KaiChain1
Telegram: https://t.me/officialkaichain
Discord: https://discord.gg/5FESCHC48K
Facebook: https://www.facebook.com/profile.php?id=100083068885286