KeKChain $KEK

KekChain is a Proof of Stake and Authority (PoSA) blockchain project, purposefully designed to enhance the efficiency and scalability of decentralized finance (DeFi). Leveraging a similar approach to Ethereum, KekChain enables the creation of smart contracts, outlining the functions of a virtual machine (VM) that enacts the contract's operations. The project aims to address challenges tied to scalability and usability, maintaining a robust focus on decentralization.

About KekChain

KekChain is a unique blockchain project that seeks to revolutionize the DeFi space. The platform is built on a unique consensus mechanism known as Proof of Stake and Authority (PoSA), which allows for shorter block times and lower transaction fees. The PoSA system is a hybrid model that combines elements of Proof of Stake (PoS) and Proof of Authority (PoA), bringing together the best of both worlds.

Smart Contracts on KekChain

Similar to Ethereum, KekChain allows its users to create smart contracts. These contracts use code to dictate the behavior of the virtual machine (VM) that executes the contract's function. This enables seamless and automatic execution of agreements without the need for an intermediary, enhancing efficiency and reliability in the DeFi sector.

.kek Domains

In a bid to enhance usability, the KekChain team has introduced .kek domains. These domains are compliant with the erc721 standard, akin to Ethereum Name Service (ENS) domains. This move makes it simpler for users to interact with blockchain addresses, further pushing the adoption of KekChain and its associated services.